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Great Plains | Have your lawyer include a clause in your purchase agreement that leaves any liability with the seller related to any financial obligations to meet state permitting or groundwater pollution mitigation. You should also speak with state agency which manages permitting. If you anticipate any future costs you might ask the seller to place X$ in an escrow fund to be released as soon as you get the all clear. Alternatively, use this to negotiate a better deal. | |
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Buying farm with a lagoon
