IS A CONSERVATION RIGHT FOR YOU AND YOUR LAND?Conservation Easement • August 7th, 2015
Contract Type FiledAugust 7th, 2015A 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).