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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.
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.
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.
The North Carolina Supreme Court in Pendergrast v Aiken has adopted the ?rule if reasonable use with respect to surface water drainage which allows landowners to ?make a reasonable use of their land, even though the flow of surface water is altered thereby and causes some harm to other.? This however, does not mean
How does it work? An easement on your property does not mean that someone else owns part of your property. It simply means that another party knows a nonpossessory interest in your property. This means that other parties will be able to access your property or use a part of your property for a specific reason.
Are there any State laws that pertain to drainage? The General Law in North Carolina states that the person on the lower estate must receive and pass the water from the higher estate(s).
Drainage easements are created to designate areas for the passage of surface water runoff. Individual property owners are responsible for the maintenance of any portion of a recorded drainage easement that is located on their property.
Conservation easements are voluntary legal agreements designed to ensure the long-term viability and protection of the natural resources within a surveyed and recorded boundary.
FEDERAL TAX INCENTIVES Donors of qualified conservation easements can deduct up to 50% of the conservation easement value from adjusted gross income.
Normally no more than a 10-foot width along the easement center line is required to maintain access for inspection and maintenance unless excavation is required for a repair.