So looking for some reasonable input here. We have family land, not a lot, that was split between two siblings (each has their own kids, I am one of them) with equal acreage. The half of land is essentially flat cropland offering no cover but has some opportunity depending on crop type and what type of hunting you want to do. I am the only one of the kids that have any interest in the land or the hunting. I'd love to be able to buy the other half but given the amount of money it's probably unlikely in the short to mid term at best.
My desire is just to be able to hunt there as I have growing up, and have my kids be able to walk the same dirt I have. Given that a purchase isn't likely soon, would it be reasonable to ask to purchase just the hunting rights? I don't really ever hear of purchasing rights, obviously most folks just lease the hunting rights out. I have a rough idea of what I'd offer in price. I understand the impact of them losing those rights when it comes time to sell, though I don't believe it would affect the price much if at all given the limited opportunities on the land (without a bunch of extra work). I would propose a lease but that timeline is shaky compared to a purchase of the rights.
Hopefully nobody gets too worked up about this. Just curious as to your thoughts! Thanks!
My desire is just to be able to hunt there as I have growing up, and have my kids be able to walk the same dirt I have. Given that a purchase isn't likely soon, would it be reasonable to ask to purchase just the hunting rights? I don't really ever hear of purchasing rights, obviously most folks just lease the hunting rights out. I have a rough idea of what I'd offer in price. I understand the impact of them losing those rights when it comes time to sell, though I don't believe it would affect the price much if at all given the limited opportunities on the land (without a bunch of extra work). I would propose a lease but that timeline is shaky compared to a purchase of the rights.
Hopefully nobody gets too worked up about this. Just curious as to your thoughts! Thanks!