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Conservation Easements
From the publication Protecting Your Land with a Conservation Easement  
(© 1994 Land Trust Alliance - Washington, DC)

Conservation easements have helped thousands of families protect millions of acres of open space. With a conservation easement, you permanently protect your land without giving up ownership. You can continue to live on it and use it, and can sell it or pass it on to heirs.

What's more, you can reduce future estate taxes - taxes that otherwise could rob your children of their legacy, and result in the destruction of one more beautiful piece of land.

How Does a Conservation Easement Work?

A conservation easement is a legal agreement between a landowner and a land trust (a private, nonprofit conservation organization) or government agency that permanently limits a property's uses in order to protect its conservation values.

When you own land, you also "own" many rights associated with it, such as the rights to harvest timber, build structures, and so on. When you donate or sell a conservation easement to a land trust, you permanently give up some of those rights. For example, you might give up the right to build additional residences, while retaining the right to grow crops. Future owners also will be bound by the easement's terms.

The conservation easement (called a "conservation restriction" in some states) is written up in a legal agreement that is tailored to protect the land's conservation values and meet the financial and personal needs of the landowner. An easement on property containing rare wildlife habitat might prohibit development of any kind, for example, while one on a farm might allow continued farming and the building of additional agricultural structures.

In some cases, a conservation easement may apply to just a portion of the property, leaving the option of development open for the remaining part. It may allow limited building within the area under the easement.

The land trust takes on the responsibility and legal right to enforce the easement. If a future owner or someone else violates the easement - perhaps by erecting a building the easement doesn't allow - the land trust will work to have the violation corrected. (The land trust usually asks for a donation from the easement donor to help offset the cost of future stewardship expenses.)

Further Reading: Conservation Easements - An Invaluable Tool for the Private Forest Owner

A person writing at night may put out the lamp, but the words he has written will remain. It is the same with the destiny we create for ourselves in this world.

Shakyamuni

 

Photograph copyright © 2006 Kevin McNeal.

Copyright © 2006-2008 Capitol Land Trust. 
All rights reserved.


   
 
 

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