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Cons:A conservation easement is typically perpetual.A future owner or your heirs may not have the same affinity for conservation as you do.The future value of the property will likely be diminished as a result of the restrictions of the easement.Not all land will qualify for a conservation easement.More items...?
Conservation easements (sometimes called preservation easements) are voluntary legal agreements that can be used to protect significant historic, archaeological, or cultural resources. If certain criteria are met, an owner who donates an easement may be eligible for tax benefits.
Conservation easements are legal agreements between a landowner and a conservation agency to preserve natural features and resources on private lands. Under these agreements, landowners continue to own and manage the land which provides benefits to both the landowner and the environment.
A conservation easement is a written agreement between a landowner and the State of North Carolina that protects water quality by maintaining or establishing natural vegetation in a streamside or wetland parcel or buffer.
The California conservation easement tax credit is non-transferable and applies in addition to federal tax benefits. Learn More: See the California Council of Land Trusts website for more details.