Emblements in Real Estate

Emblements in Real Estate
You might be wondering what it is about emblements and real estate?
Emblements are also known as Fructus Industriales are legal annual crops that are grown by a tenant. These annual crops are also known as personal property. Some of the annual crops include maize, peas, and apples among others. The landowner only owns the land and not the crops planted in it. However, emblements real estate provides legal protection to a tenant who has grown crops intending to harvest them. Here are some of the situations where emblements real estate provides legal protection.
They include;
? In case of tenant death
During land leasing, the tenant should indicate their next of kin. In a situation where the tenant dies before the lease period is over, the tenant’s heirs have the right to own the crops. That means the tenant heir has the right to raise the crops until harvest time.
? In case of change of land ownership
If the landowner decides to sell the land, the new buyer has no right to own the crops in the land. The tenant whose motive was to plants and harvest crops has the right to raise the crops until harvest time. This happens in case the landowner sells the land before the leasing period is over. That way a tenant is not affected by the land ownership changes.
? In case of foreclosure
Emblements guarantee tenants the right to harvest their fruits of labor in case of a financial situation that leads to foreclosure of mortgages. Emblements real estate assists the tenant to get legal protection of their crops. That way, they are allowed to raise the crops until they are ready for harvest time.
Conclusion
Emblements real estate gives tenants assurance of crops rising from the beginning to the end. That way, they are sure they can harvest their crops even during land issues.