The New Jersey Grant of Conservation Restriction/Easement (GCR/E) is a voluntary agreement between a landowner and a government or nonprofit organization. The agreement allows the landowner to keep their land in its natural state while providing public benefits such as preserving open space, protecting water resources, providing wildlife habitat, and protecting the environment. The New Jersey GCR/E is available in two forms: perpetual and temporary. A perpetual GCR/E is a legally binding agreement that is recorded in the public records and remains binding even if the land is sold or transferred. A temporary GCR/E is typically limited to a specific period of time and is a non-binding agreement that is not recorded in the public records. The New Jersey GCR/E is a powerful tool for landowners to preserve their land in its natural state and help protect the environment for future generations. It can provide tax breaks, promote sustainable land use, and protect the environment.
New Jersey Grant of Conservation Ristriction/Easement
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FAQ
A conservation easement is a voluntary, legal agreement that permanently limits uses of the land in order to protect its conservation values. Also known as a conservation restriction or conservation agreement, a conservation easement is one option to protect a property for future generations.
A conservation easement (or restriction, as it is called in Massachusetts) is a legal agreement between a landowner (the grantor) and a private conservation organization or public agency (the grantee or holder).
Conservation easements offer effective and flexible protection, and are one of the most frequently used tools for conserving private land. This voluntary legal agreement protects the land by permanently limiting some uses that would compromise the conservation values or the landowners' goals for the property.
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.
A conservation easement is a permanent agreement between a landowner and a qualified conservation group. The easement document specifies: The purpose of permanent protection, including the natural, cultural, historic and scenic attributes of the land.
Conservation Restrictions A conservation restriction or CR (also known as a conservation easement outside of Massachusetts) is a legal agreement that extinguishes the development rights of the land forever, but does not alter the ownership of the land.
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.