Preservation Conservation Easement With The Nature Conservancy
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FAQ
A conservation easement is a voluntary 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.
A conservation easement that removes your land's development potential typically lowers its market valueand that means lower taxes for the landowner. That can significantly reduce estate taxes when you pass on your property to the next generation, making it easier to keep the land in the family and intact.
The Nature Conservancy is one of the largest examples of a conservation land trust, a organization that acquires properties through purchase or donation in order to protect them for future generations. One of the most popular methods for protecting private land is through a conservation easement.
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...?
Outside the U.S., the Conservancy does not generally acquire land for its own protection but instead works with local communities and national governments to encourage the protection of ecologically-sensitive land. Conservation easements have protected millions of acres of wildlife habitat and open space.