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Conservation Easements: Retain Ownership and Protect Your
Land
What is a Conservation
Easement?
A conservation easement
is a legal agreement between you and a land trust or conservation
group which places restrictions on the land use in perpetuity.
An easement is a practical way to protect property, and retain
ownership. |
Conservation Easements
are flexible tools, rather than land locking instruments.
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What uses might be permitted?
Agriculture, forestry, wildlife management, and outdoor recreation,
such as hunting and fishing are examples of activities which may
be allowed. Your home or cottage property will be protected from
future development but remain available to your family forever
for living or recreation.
Does an easement cover a person's entire property?
No. You can place all or a portion of your property under
easement.
Does a conservation easement give public access?
Not necessarily. You decide whether or not to allow public access.
Does a conservation easement restrict your ability sell or
gift the property in the future?
You can sell or bequeath property that is protected with a conservation
easement. Since easements are permanent, the restrictions run
with the land and all future owners.
Financial Benefits
A donation of a conservation easement can result in significant
income tax, estate tax, and property tax benefits. Contact the
CLSLC for more information on how conservation easements can create
tax benefits.
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