What are the costs associated with donating a conservation easement?
There are costs associated with putting a conservation easement on a property. Each conservation easement requires a report documenting the existing natural resources and human activity on the property (baseline report), a minerals remoteness assessment if the landowner does not own all the mineral rights, title-work, verification of legal description, land trust costs and endowment and recording fees. Landowners are also responsible for costs to conduct an appraisal as well as attorney or accountant fees. These fees typically total $25,000 to $40,000.