In Florida, Section 704.06, Florida Statutes, defines a “Conservation Easement” as “. . . a right or interest in real property which is appropriate to retaining land or water areas predominantly in their natural, scenic, open, agricultural, or wooded condition; retaining such areas as suitable habitat for fish, plants, ...
The Land Trust is created through the execution of two documents: 1) a Deed in Trust, where the real property is conveyed into the name of the Trustee in its fiduciary capacity as Trustee (not in its corporate capacity), and 2) a Florida Land Trust Agreement pursuant to which the Trustee administers the terms of the ...
What Are the Drawbacks of a Land Trust? Potential Loss of Control: Transferring the property title to a trustee reduces your direct control over the asset. Limited Mortgage Options: With property in a land trust, obtaining traditional mortgages can be more difficult as lenders may be less familiar with the process.
As of June 2022, all non-submerged conservation lands in Florida covered nearly 10.70 million acres, comprising 31.22 percent of the total state land area (34.27 million acres). Figure 1.1. 1 provides a map of all conservation lands in Florida. Table 1.1.
If you're interested in applying for NRCS conservation programs, contact your local NRCS office. To apply, you'll have to complete an application as well as have other forms on file.
Typically, the first step to setting up a Florida land trust is to prepare and execute two main documents. These are the: Recording instrument (e.g., deed, deed of trust, etc.) The written land trust agreement.
In 2022, a group of 158 conservation, environmental, and social justice non-profit organizations signed an open letter to the Conservancy's CEO, Jennifer Morris, charging that The Nature Conservancy was overly supportive of logging interests and the use of wood products as a natural climate solution.
If you give property to a qualified organization, you can generally deduct the fair market value (FMV) of the property at the time of the contribution.
TNC accepts two types of real estate gifts, both of which are critical to our work: land that donors would like permanently protected and land that donors permit us to sell, with the proceeds going to support our work. We are not able to protect all of the real estate that is offered to us.
Contact land trusts and government agencies that work to assist landowners in your community who are interested in conservation. Get to know their policies and services, and discuss what you'd like to accomplish on your land and what rights you'd like to keep.