The Potential Impact of Heir Property on Timber Management in the Southeastern United States

Becky Barlow and Conner Bailey

Professional Agricultural Workers Journal (PAWJ), 2017, vol. 05, issue 01

Abstract: Active timberland management maintains forest health and productivity, which in turn contributes to the sustainability of the resource and wealth of the landowner. However, when land is held as heir property, options for timberland management are often limited. Heir property is owned as an undivided interest among many heirs of an original owner, or multiple generations of owners, who died intestate. This is common among African American landowners in the South. As a result the title is considered “clouded,” limiting access to capital and resources that are beneficial to timberland management. In this paper, the authors hope to improve awareness of this issue by documenting potential obstacles that heir property owners may encounter including the inability to plan land management activities such as forest inventories, harvesting, and replanting. As a result, the health of the forest may suffer posing a threat to forest productivity and landowner wealth generation.

Keywords: Environmental Economics and Policy; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pawjal:291862

DOI: 10.22004/ag.econ.291862

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