Common Contracts
1 similar Conservation Easement Agreement contracts
Conservation Easements: An Option for Preserving Current Land Uses1Conservation Easement Agreement • June 4th, 2013
Conservation easements are cost-effective means for government agencies or non-government conservation organizations to protect land. Instead of purchasing land outright, these agreements allow organizations to purchase the development rights of a property, thereby protecting the target resources and saving money. Conservation easements may be a viable option for landowners wanting to prevent future residential and commercial development of their land, and those who want to reduce their heirs’ inheritance tax liability. They often work best for landown- ers who have a strong connection to their land and want to ensure its protection for many generations. Landowners are encouraged to enter such agreements carefully because they require several rights to be conveyed to the easement grantee and the duration of these agreements is typically perpetual. This publication will describe conservation
