James Bigley, the real estate ranch specialist, has a ranch for sale that you might like. It is the largest ranch for sale in Utah. The property, located near Price, Utah, totals 13,700 acres that are all deeded. The altitude varies from 6,000 feet to 10,000, where you will find elk, mule deer, bear and mountain lions, and even petroglyph sites. It can be yours for $14 million.
Many properties for sale in Texas and the West claim to be all deeded. What does that mean, all deeded?
What Is a Deed?
SFGate states, “When you buy or sell property, you make the transfer by using a property deed. A deed is a legal document that conveys the ownership interest, identifying the property, the interest transferred, the person transferring the property, and the person getting the property interest. The deed is recorded in the jurisdiction so that anyone interested in the property can look it up and see who owns the property and what kinds of liens (like mortgages) and easements are attached to the land.”
When you talk about “deeded Property,” you are saying the property is owned outright, and the deed is recorded in the property’s county, meaning that the owner may handle the property as he/she so chooses. While deeded properties are owned outright, there will still be property taxes that must be paid.
Now, you may be looking at a property that has 120 acres with a house on it, all deeded, and 300 acres of non-deeded land that leases for grazing. The grazing land may be BLM land owned by the government and leased, typically for ten years.
There is such a property over by Gallop, New Mexico, with a 2200 sq. ft. house on 120 acres, including 300 acres non-deeded. The property has three bedrooms, two baths, a barn, a tack room, and two water wells, yours for $410,000.
We have plenty of other ranches for sale.
