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Conservation Easements (Summary)
Conservation Easements (Summary)
Conservation easements are a useful legal tool to preserve farmland
by limiting land uses. They are used to prevent development or
to preserve scenic, natural, or other values the land may hold.
Once in place, an easement runs with the deed, and, therefore,
future landowners must abide by the terms of the agreement. Landowners
either donate or sell a conservation easement to a recipient that
holds the easement and is responsible for monitoring the terms
of the easement for compliance. When easements are sold, the price
is often the difference between the value of the land if used for
development and its value under current use. When easements are
donated, a federal income tax deduction can be taken. Typical easement
holders are land trusts managed by non-profit organizations or
governments. Governments often fund easement purchases by various
means to meet local community objectives such as watershed protection
or historic preservation. Several organizations are available to
provide detailed information on conservation easements.
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Last Updated December 28, 2007
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