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Conservation Easements
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Definition
Conservation easements are used to restrict development on private property in order to protect the natural resources and conservation value of the land. The easement is either a voluntary donation or is sold by the landowner and is a legally binding agreement that limits the use of the land, or prevents development from taking place on the land in perpetuity while the land remains in private hands. The landowner receives tax relief and retains property rights from the easement.
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Keywords
development easement, land conservation tool, voluntary legal agreement, landowner, restrict land development, tax benefits, limits development rights, purchasing development rights, sustaining rural economies, enabling conservation and farming, transfer of selected property rights, conservation covenant, environmental protection, sustaining agriculture, farmland preservation, land trust, conservation easement
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Links Spartanburg Conservation Pascommuck Conservation Trust |




