How much will Forest Legacy pay for development rights?
The rights to be purchased on each easement will be appraised to determine fair market value. In no circumstances can the program pay more than the appraised value of the rights to be purchased. The landowner can choose to donate the rights or sell them at a bargain price, which provides tax benefits. Development rights may also make up a large portion of the total value of a property in areas with high development pressures but a much lesser part of total value in areas with less development pressure.