Agricultural Real Estate Law and Legal Definition
According to 12 USCS § 2279aa (1), the term agricultural real estate means--
“(A) a parcel or parcels of land, or a building or structure affixed to the parcel or parcels, that--
(i) is used for the production of one or more agricultural commodities or products; and
(ii) consists of a minimum acreage or is used in producing minimum annual receipts, as determined by the Corporation; or
(B) a principal residence that is a single family, moderate-priced residential dwelling located in a rural area, excluding--
(i) any community having a population in excess of 2,500 inhabitants; and
(ii) any dwelling, excluding the land to which the dwelling is affixed, with a value exceeding $ 100,000 (as adjusted for inflation).”
Legal Definition list
- Agricultural Products Handler
- Agricultural Product
- Agricultural Preservation Restrictions
- Agricultural Nonpoint Source Pollution
- Agricultural Marketing Service
- Agricultural Real Estate
- Agricultural Research Advisory Board
- Agricultural Research Service
- Agricultural Research, Extension, and Education Reform Act of 1998
- Agricultural Resource
- Agricultural Resource Management Plan
