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Does perpetuity really mean forever?

April 26, 2017forever mean perpetuity

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Does perpetuity really mean forever?

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Yes! We monitor the State-held easement properties under the assumption that perpetuity means forever. For properties protected through the local portion of the LCIP, both in fee and as easements, a project agreement was signed by each Town obligating it to monitor and report on each property annually. Additionally there are IRS rules regarding the monitoring of properties for which a tax deduction was taken.