Is a conservation easement appropriate for every landowner?
No. Conservation easements are designed to meet the site-specific needs of the individual landowner and land trust. They may not, however, be appropriate for every situation. Landowners considering an easement should consult with family members, professional tax and legal advisors, and a land trust representative to determine whether this tool will help accomplish one’s long-term conservation and economic goals. The Land Trust Advantage. . . While any landowner may attach conservation restrictions to a property title before transferring it, that person or their heirs are the only ones who can legally defend those restrictions. An owner who donates a conservation easement to Maui Coastal Land Trust can be assured that compliance with the identified protective goals will be annually reviewed by a third party with legal standing, and that future owners will not alter the land contrary to the donor’s wishes.
Related Questions
- Can a private landowner donate a conservation easement to convey away the propertys development rights but still continue to use the property as before the easement was granted?
- Does conveying a conservation easement to a charitable organization create any tax advantages for the landowner?
- Can the landowner and the conservation easement holder be the same entity?