What can be done with property protected by a Conservation Easement?
Owners of properties protected by a Conservation Easement must abide by the agreement reached between the owner who signed it and the land trust. All rights to the property not specifically relinquished in the Easement are retained and may be exercised. The landowner owns the land, can live on it and can use it in any way consistent with the Easement and can sell, give or pass on the property to anyone. The landowner is obligated to pay taxes on the property and ensure that the terms of the Easement are not violated.
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?
- What are the typical costs associated with placing a Conservation Easement on property, even when the easement is donated?
- What can be done with property protected by a Conservation Easement?
