Conservation Easements

A conservation easement is a restriction placed on a piece of property to protect its associated resources.
The easement is either voluntarily donated or sold by the landowner and constitutes a legally binding agreement that limits certain types of uses or prevents development from taking place on the land in perpetuity while the land remains in private hands.

In a conservation easement, a landowner voluntarily agrees to sell or donate certain rights associated with his or her property – often the right to subdivide or develop – and a private organization or public agency agrees to hold the right to enforce the landowner’s promise not to exercise those rights. In essence, the rights are forfeited and no longer exist.

A conservation easement is legally binding, whether the property is sold or passed on to heirs.

%d bloggers like this: