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Blogs by Michael Schorpp

The Role of Agricultural Appraisers in Land Transactions
 February 24, 2025
 Agriculture   Land Values 

When it comes to buying, selling, or managing agricultural land, accurate valuation is essential. Agricultural appraisers play a crucial role in ensuring that farmland transactions are conducted fairly and transparently. Their expertise helps buyers, sellers, financial institutions, and investors make informed decisions. This article explores the role of agricultural appraisers, their methods of valuation, and why their work is critical in land transactions.

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The Corporate Transparency Act
 December 29, 2023
 News & Events   Industry Insights 

Beginning January 1, 2024, the Corporate Transparency Act (“CTA”) will officially go into effect, which requires additional reporting obligations on U.S. entities and foreign entities doing business in the United States to provide beneficial ownership information to the Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”). Congress established that the general intent of the CTA is to prevent illicit activities, including money laundering, financing terrorism, tax fraud, and other harmful activities related to national security interests, from occurring through the use of entity schemes. The CTA applies to any corporation, limited liability company, or other similar entity (limited partnership; limited liability partnership; limited liability limited partnership) that files an application (e.g., Certificate of Organization/Incorporation filed with the Secretary of State) under the laws of a State or Indian tribe, subject to certain exemptions. As a result, the CTA will impose the reporting burden on many farmers, landowners, and other industry professionals.

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Understanding the Doctrine of Merger
 August 29, 2023
 Real Estate 
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Understanding Certain Nuances of an Agricultural Real Estate Purchase Agreement
 October 31, 2022
 Real Estate 
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