Perpetual conservation easement definition

Perpetual conservation easement means a conservation easement in gross, as described in article 30.5 of title 38, C.R.S., that qualifies as a perpetual conservation restriction pursuant to section 170 (h) of the federal "Internal Revenue Code of 1986", as amended, and any regulations issued thereunder.
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Perpetual conservation easement means an easement on real property that perpetually restricts the use of the real property to farming purposes.
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Examples of Perpetual conservation easement in a sentence

  • Perpetual conservation easement over certain portions of the ranch: Alternatively, the easement could be drafted to protect only certain portions of the ranch – such as the migratory corridor, the springs, the creek, and the trail – while allowing unrestricted use of the rest of the property for ranching and/or development.

  • Costs and funding: Perpetual conservation easement stewardship and enforcement is not without cost.

  • Perpetual conservation easement transactions require a relatively high initial capital investment in acquiring the easement, although the cost is lower than the cost of a fee simple acquisition.

  • Bradley & Associates, Perpetual conservation easement - donation of conservationLLC easement to the Maryland Environmental Trust and the Eastern Shore Land Conservancy, LLC on 136.59 acres.

  • Perpetual conservation easement to MET and Chesapeake Wildlife Heritage, Inc.

Related to Perpetual conservation easement

  • Easement Agreement means any conditions, covenants and restrictions, easements, declarations, licenses and other agreements which are Permitted Encumbrances and such other agreements as may be granted in accordance with Section 19.1.

  • Redevelopment Agreement means an agreement between the

  • townsite in relation to the townsite to be established near the harbour means a townsite (whether or not constituted and defined under section 10 of the Land Act) primarily to facilitate the Company’s operations in and near the harbour and for employees of the Company and in relation to the mining areas means such a townsite or townsites or any other townsite or townsites which is or are established by the Company for the purposes of its operations and employees on or near the mining areas in lieu of a townsite constituted and defined under section 10 of the Land Act;

  • Stormwater runoff means water flow on the surface of the ground or in storm sewers, resulting from precipitation.

  • conservation area means any improved area within the boundaries of a redevelopment project area located within the territorial limits of the municipality in which 50% or more of the structures in the area have an age of 35 years or more. Such an area is not yet a blighted area but because of a combination of 3 or more of the following factors may be considered as a “conservation area”: