What costs are incurred by the landowner in creating a preservation agreement?
The landowner should expect to pay for legal and, financial advice, ($500-$2500) and an appraisal of the property ($1500-$5000). An appraisal is only required if the landowner wants to take advantage of the tax deduction for granting the easement, and is a deductible expense. The Saginaw Basin Land Conservancy maintains a list of appraisers qualified to appraise preservation agreements for tax purposes.
