What Zipform to use for the Purchase of a working farmland?

Question

In California what zipforms are used to purchase a working orange farm?

Jorge Barboza Jr. · Answer

@Eddy Kim I gave you a vote just for the specificity of your question! :)

Don Alder-LaRue · Answer

The Addendum form....It's simply labeled Addendum (C.A.R. Form ADM).

You'd put on it anything that your buyer wants included in the purchase contact that is not covered specifically in the commercial property purchase agreement.

Eddy Kim · Answer

@Jorge Barboza Jr. Thank you!

@Don Alder-LaRue For example what type of information would be added into the addendum? And what forms are used as the addendum? Any help is much appreciated Thank you!

Don Alder-LaRue · Answer

@Eddy Kim  I wouldn't use C.A.R. forms for the purchase of a working orange farm.  This sounds like it would be considered commercial property, so you'd be better off using A.I.R. CRE forms instead.  It's available through your zipforms software.  "C.A.R. members may purchase the AIR CRE Contracts Library by clicking the “SHOP” link at the top of the transactions list page after logging into zipForm®."

A.I.R. forms are less slanted towards seller protection.  I feel the protection more evenly distributed between buyer and seller and for that reason like them more.  Cost for AIR forms is $199/year for CAR members.

Before you spend the money on that, check with your board.  They'll probably push C.A.R. forms which you're already paying for.  You could use C.A.R.'s Commercial Property Purchase Agreement and Joint Escrow Instructions (C.A.R. form CPA).  though.   Use an addendum for anything that isn't covered by the CPA.  Even with AIR forms, you'd need to do that.

What Zipform to use for the Purchase of a working farmland?

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