Puerto Rico Grant of Conservation Right and Easement

State:
Multi-State
Control #:
US-134048BG
Format:
Word; 
Rich Text
Instant download

Description

In contrast to traditional notions of easements or covenants, restrictions on property by definition, the Conservation Right is an affirmative right on the environmental heritage, or the ´attributes and functions of such heritage that derives from a particular property.
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FAQ

Conservation refers to using less resources and having less of an effect on the land. Practices that farmers use on their farms might include no-till, putting fences around streams, planting cover crops, collecting water runoff, and integrating crop and pasture rotations.

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.

By voluntarily limiting some of these activities, a conservation easement allows a landowner to retain private ownership while also achieving other goals, like protecting a farming or ranching operation, preserving open space or conserving habitat for wildlife.

Agricultural Land Easements help private and tribal landowners, land trusts, and other entities such as state and local governments protect croplands and grasslands on working farms and ranches by limiting non-agricultural uses of the land through conservation easements.

Soil, Water, and Biodiversity: Conservation programs help farmers, ranchers, and foresters enhance soil health, mitigate water pollution, and create habitat for a diversity of wildlife species.

Puerto Rico passed a Conservation Easement Act in 2001. This Act encourages conservation easements through tax exemptions and provides for a uniform procedure of creating such easements. In addition, the Puerto Rico Forest Act provides for conservation easements aimed specifically at protecting forest lands.

A conservation easement allows landowners to hold and use their property but permanently remove development rights in exchange for tax benefits. Land Trusts. Organizations that manage the easements and obtain federal funding.

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Puerto Rico Grant of Conservation Right and Easement