Code of Maine Rules › 01 - DEPARTMENT OF AGRICULTURE, CONSERVATION AND FORESTRY › 001 - AGRICULTURE - GENERAL › Chapter 7 - ADOPTION OF AGRICULTURAL LAND INTEREST FORM › Section 001-7-3 - Form

Current through 2024-29, July 17, 2024
A corporation or partnership shall file such report to the
				  Commissioner on the attached form or may fulfill its requirement by filing a
				  copy of its AFIDA report.
AGRICULTURAL LAND INTEREST ACT REPORT
Maine Department of Agriculture, Food and Rural
				  Resources
State House Station 28
Augusta, Maine 04333
Any corporation or partnership which, on
							 its own behalf or acting as a fiduciary or trustee on behalf of another, holds,
							 acquires or transfers any interest in agricultural land shall submit an annual
							 report to the Commissioner of Agriculture, Food and Rural Resources, not later
							 than 90 days after January 1st or the date of that acquisition or transfer,
							 whichever is earlier. A corporation or partnership may fulfill this reporting
							 requirement by submitting a copy of its federal AFIDA report.*
Name of Corporation or Partnership
Nature of Interest in land
							 Acquired/Transferred
- fee interest (ownership) whole
-fee interest (ownership) partial
- life estate
- trust
							 beneficiary
-option
-purchase contract
-other (explain)
Address (Street, City, State) Tel:
Type of Entity
-Corporation - Partnership
Tract Location & Legal Description
Type of Activity Date:
--------------------------------------------------
							 County Number of Acres
land holding _______
land
							 acquisition_______
land disposition _______
land use
							 change to agriculture _______
land use change to non-agriculture
							 (specify) _______
* Family farm corporations and farm partnerships as defined
				  below are exempt from filing this report. A family farm corporation is a
				  corporation founded for the purpose of farming and the ownership of
				  agricultural land, the majority of the voting stock must be held by, and a
				  majority of the shareholders must be persons or the spouses of persons related
				  to each other within the 3rd degree of kindred and at least one of the related
				  persons must reside on or actively operate the farm; and none of the
				  shareholders must be a corporation. A family corporation does not cease to
				  qualify as such by reason of any bequest of voting stock. A farm partnership is
				  an association of 2 or more individuals formed for the purpose of
				  farming.
A corporation or partnership owning less than 10 acres of
				  land, which Is the subject of a single acquisition or transfer, is not obliged
				  to comply with this reporting requirement.
Current Land Use or Land Use at Date of
							 Acquisition /Transfer
Relationship of Producer to Owner.
							 Producer is (check one):
acres
pasture ______
Crop
							 (specify by acres below) ______
other agriculture ______
other non-agriculture _______
total _______
_ owner
_ manager
_
							 tenant/sharecropper
_ Rental Agreement is (check one):
_ a crop share
_ cash or fixed rent
Is the producer on this tract:
Intended Use as of This Date
_ same producer as when the tract was
							 acquired
_ a new person
no change ______
other agriculture
							 ______
other non-agriculture _______
Appraised Value of the Land and if Disposition the
							 Selling Price
Use this section for additional comments.
Name and Address of Person from Whom Acquired or to
							 Whom Transferred and Type of Entity
COMPLIANCE: Any corporation or partnership subject to this
				  chapter which violates this law or the regulations adopted thereunder or which
				  submits a report which contains Information that is false or misleading shall
				  be subject to a civil penalty, payable to the State, of not more than $50 for
				  each day of the violation. A corporation or partnership subject to this chapter
				  which does not comply with the law In a timely fashion shall first receive a
				  written warning from the Department of Agriculture, Food and Rural Resources
				  which will require presentation of the information within 30 days. After the
				  30-day notice period is expired, penalties described above shall be
				  imposed.
CERTIFICATION: I certify that the Information entered above
				  is complete and correct. I understand that violation of this law or
				  falsification of reporting is subject to a civil penalty, payable to the State
				  of Maine, of not more than $50 for each day of the violation.
Signature (owner or legally authorized representative)
				  _____________________________________
TITLE: _________________________________
DATE: _________________________________