Tim and Maggie Lott own a 5-acre farm in Corning, New York. They say they have spent the past 18 years building a family and their farm.

Now, they are ready to move and start a new adventure somewhere else.

Instead of selling the property the traditional way, the Lotts has decided to give it away as the grand prize of an essay constest.

This is not a scam. It’s legitimate. The family is partnering with real estate attorneys to make sure the process is fair and legal.

Three judges will decide the winners.

First place receives the property and $10,000, second place gets $1,000, and third place gets $500

The property is valued at $150,000

Here are the rules according to NewYorkUpstate.com

1. Entry fee is $150.

2. The essay needs to address the following: What owning a five acre farm property would mean to me, us and/or my family.

3. Essay needs to be at least 500 words and no more than 1,000 words.

4. Deadline is July 1, 2019. Essays must be postmarked no later than June 24, 2019. The winner will be chosen on or before July 31, 2019.

For more information and to see more photos of the property head to the contest website here.