Not necessarily. It is always best to run a deed or title search from a local and reputable Title company. The cost for these in our Missouri area run approximately $175.00-but specifically ask the title company to include Restriction and Covenants-they are not always included in the report.. As previously stated, it will show if there are "known" and "recorded" restrictions or covenants. Then check with your local Ag state/ county department for any records they may have concerning the property when used for agricultural purposes. Be wary, for example-once you covert the property to "Commercial" zoning, there will most likely be an immediate impact to your wallet for tax assessments based on the new higher value of the land. It is difficult sometimes to convert back should you decide to move the property back under the canopy of Agriculture. Best of luck!
Mar 21, 2013