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.
A conservation easement is just one of many options. You may also donate or sell property, donate or sell development rights, or do a bargain sale with a land trust. The opportunity of a permanent conservation easement can protect a family farm or ranch, allowing for future generations to continue in agriculture.
Generally, conservation easements reduce the property values by 15%-45% based on the property attributes along with what rights of ownership are “given up.” The landowner may take a deduction of up to 50% of their federal adjusted gross income for the year.
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.
Land conservation is the process of protecting natural land and returning developed land to its natural state.
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.
What is the Land Use Program? Virginia law and County Code allows eligible agricultural, horticultural, forest and open space land to be taxed based on the land's use value as opposed to the land's market value. The tax reduction that is applied in the Land Use Program is a deferral, not a discount.
To be eligible: The property is experiencing detrimental impacts from stormwater in the form of erosion, poor groundcover, and/or excess runoff.