According to Tufts, the way to solve the disagreements among owners is through partition, which divides the interests in land. Issues also can occur for those that inherit land through intestate succession.
As a part of the HPRP, the FSA will first select a group of qualified lenders to implement the loans. And Monday, USDA announced that intermediary lenders can now apply for loans through the new program. They will accept applications through October 29, 2021, and cooperatives, credit unions and nonprofit organizations are encouraged to apply for these competitive loans, which ultimately will help agricultural producers and landowners resolve heirs’ land ownership and succession issues.