To preserve the agricultural and open space values of the land.
Bakersfield California Perpetual Conservation Easement Grant To Maintain Property in Natural and Open Space Environment
State:
California
City:
Bakersfield
Control #:
CA-EAS-5
Format:
Word;
Rich Text
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Description
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FAQ
The Land Trust Model Roughly 40 million acres nationwide are protected by conservation easements, with about half of that under the stewardship of land trusts.
Perpetual easement is that type of easement which is to last without any limitation of time. It is a right which a person has on the property of another person which to an extent is permanent.
People grant conservation easements because they want to protect their property from future unwanted development and damaging land uses, while retaining ownership of their land.
Benefits Of Conservation Easements Selling a conservation easement can be a good way to get some cash out of the property. Landowners who donate conservation easements may receive tax benefits. Conservation easements can reduce the property's overall value, making the land more affordable for future farmers.
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.
Conserving Land, Water & a Way of Life Conservation easements protect land for future generations while allowing owners to retain many private property rights and to live on and use their land, at the same time potentially providing them with tax benefits.
A conservation easement is a voluntary agreement with a nonprofit land trust or government agency that allows a landowner to limit the type or amount of development on their property while retaining private ownership of the land.
FEDERAL TAX INCENTIVES Donors of qualified conservation easements can deduct up to 50% of the conservation easement value from adjusted gross income.
