Buyers of ranch land in Montana are frequently interested in Federal, State, and Private grazing leases that accompany the property. A grazing lease is an agreement in which a landowner allows a tenant (the person who leases from the landowner) to graze livestock on the landowner’s property. Typically, the tenant will pay the landowner some cash amount in exchange for the use of the land and the forage it provides. That cash amount can be determined in a variety of ways and may not be the same from one year to the next.
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Montana water rights are additional property rights that define and control the volume and distribution of water from wells and streams. Water Rights are separate from Montana Mineral Rights.The owners of the water rights must put the water to beneficial use without waste to retain their right to use the state of Montana’s water. Here
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What is a Conservation Easement? A conservation easement is a legal agreement between a landowner and a land trust that limits the uses of the land in order to protect its conservation values. The landowner retains title to the property. The creation of the conservation easement can qualify as a one-time donation that has tax
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