Legal Question in Real Estate Law in Iowa
LP Farmland ownership
Can LPs or LLPs own farmland in Iowa?
Asked on 1/02/09, 2:52 pm
1 Answer from Attorneys
Thomas Schober
Schober Schober & Mitchell, S.C.
Re: LP Farmland ownership
Marc, Sometimes entities are prohibited from owning farmland, especially in the midwestern states. To get the answer, one would look to the Iowa statues. I think Greyson had a website directing you to all the state laws. You may want to look at that.
Answered on 1/06/09, 10:00 am
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