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Conservation Easements
What does the conservation easement do?
In a conservation
easement, the right to develop a property (for example, into a residential
subdivision) is restricted and a perpetual conservation easement is recorded
on the property. The property owner retains ownership and the right to farm as usual.
As a
landowner, what do I get?
An easement's value is determined by an independent appraiser. Once the value of the easement is determined, the Ag Land Trust enters
into discussion with the landowner regarding the funding and purchase of the easement.
An easement does not dictate the type of agricultural operation that takes place on a piece of property, and does not diminish the property owners' privacy or control.
Outright Purchase
In some instances Ag Land Trust has purchased ownership of a property outright
from a landowner. After placing an easement on the property, we lease
the property to a farmer, maintaining and improving the agricultural productivity
of the land.
Don't Hesitate to Call!
If you are interested in discussing either an easement or outright purchase, or if you have any other questions about the Ag Land Trust, give us a call. We'd be happy to talk with you. All inquires are kept strictly confidential.
NEW INCREASED BENEFITS! The Federal Tax Incentive for conservation easement donation has been extended through the end of 2009. The incentive:
These benefits apply to easements donated through the end of 2009. For the latest information on this topic, please see Senate Bill introducted to make easment donation benefits permanent: Click Here.
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