Common Contracts

1 similar null contracts

IS A CONSERVATION RIGHT FOR YOU AND YOUR LAND?
August 7th, 2015
  • Filed
    August 7th, 2015

A conservation easement, also called a conservation agreement, is a voluntary and legally binding agreement between a landowner and a qualified land trust, such as Conservation Foundation of the Gulf Coast, or government agency. When a landowner donates or sells an easement to a land trust or public agency, they are giving up some of the rights associated with the land. Thus, the easement permanently limits uses of the property in order to protect its conservation values, as specified in the Internal Revenue Code (IRC) 170(h) (see page 5).

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