What is the difference between a conservation easement and a deed restriction?
Deed restrictions are covenant agreements that specify certain use limitations on a property. These restrictions run with the land, but lack the special legal status of a conservation easement. Unlike an easement, deed restrictions do not transfer rights to a land trust organization that commits to monitor the agreement and ensure compliance with the easement’s stated objectives and conditions. In addition, an owner granting a deed restriction may not claim and tax deductions or credits from the transaction.