Allows drafter to describe particular land resources to be conserved. Allows the drafter to describe unique resources, values, and soil classifications, and requires their preservation pursuant to the agreement.
Conservation Easement With The Department Of Natural Resources
State:
California
Control #:
CA-EAS-3
Format:
Word;
Rich Text
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How to fill out California Conservation Easement For Specific Resource Preservation?
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FAQ
Taxpayers report conservation easements and other non-cash charitable contributions by filing Form 8283 with their tax return.
Conservation easements are conveyed by deed, have a conservation purpose, are in perpetuity (legal term meaning forever), require stewardship and monitoring, may only be extinguished by a court of law, are permanent and may offer tax benefits.
Drawbacks Of Conservation Easements Most conservation easements are permanent and bind all future landowners (including heirs). Conservation easement holders and farmers may not always share a common vision. Conservation easements can reduce the property's overall value, making the land worth less for future sales.
A conservation easement is a legal agreement between a landowner and a land trust or government agency, that permanently limits uses of the land in order to protect its conservation values. It allows landowners to continue to own and use their land, and they can also sell it or pass it on to heirs.
Landowners who want to protect their land well into the future can enter into a conservation easement with a land trust, government agency, tribe or other qualified organization. Conservation easements offer effective and flexible protection, and are one of the most frequently used tools for conserving private land.