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Landowners who want to protect their land well into the future can enter into a conservation easement with a land trust, government agency, tribe or other qualified organization. Conservation easements offer effective and flexible protection, and are one of the most frequently used tools for conserving private land.
A conservation easement is a voluntary, written agreement between a landowner and the ?holder? of the conservation easement under which a landowner voluntarily restricts certain uses of the property to protect its natural, productive or cultural features.
Conservation easements provide a unique investment opportunity for individuals interested in both environmental conservation and potential tax benefits. While there are some risks associated with investing in conservation easements, the potential environmental and tax benefits make it a worthwhile investment for many.
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.
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.
Competing Easement Rights Sometimes homeowners want to understand if they can remove an easement from their property or can a property owner block an easement. If the intent is to prevent or obstruct the use of the easement, the answer is probably no.
Without written documentation of the legal right of access, landlocked landowners will be limited in their ability to sell the property and/or obtain a loan using the landlocked property as collateral. Title companies generally will not insure title to property that lacks legal access.
Easements are nonpossessory interests in land. The holder of an easement has the right to use a tract of land for a special use only, and does not own or have full use and enjoyment of the land. Often, easements are created in Texas to give a person or corporation a right of access across a piece of land.