What is in the LIP Contract, what are the key components, what will I be signing?
The LIP Contract is a legal agreement between the Commonwealth and the private landowner. The contract will contain multiple parts including but not limited to the grant agreement and covenant. The grant agreement defines the scope of services for a one year period that have been identified and agreed upon in the management plan. The covenant is the legally binding agreement which the landowner signs showing their commitment to keep the parcel in the continued land use. The covenant is filed in the deed with the Registry of Deeds.