To preserve the agricultural and open space values of the land.
Conservation Easement On Property
State:
California
Control #:
CA-EAS-5
Format:
Word;
Rich Text
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FAQ
A conservation easement is a voluntary legal agreement between a landowner and a land trust or government agency that permanently limits uses of the land in order to protect its conservation values.
Conservation easements are legal tools to help you protect the habitat on your land. While maintaining ownership, you make a commitment to conserve the natural integrity of the habitats agreed upon by you and DUC, by limiting the amount and type of development that can occur.
A conservation easement that removes your land's development potential typically lowers its market valueand that means lower taxes for the landowner. That can significantly reduce estate taxes when you pass on your property to the next generation, making it easier to keep the land in the family and intact.
Land conservation refers to various methods of preserving land, and ensuring it is protected forever from development. There are a variety of ways that this type of conservation takes place, and a wide variety of nonprofit organizations, as well as governmental agencies, working around the world with this goal in mind.
Cons:A conservation easement is typically perpetual.A future owner or your heirs may not have the same affinity for conservation as you do.The future value of the property will likely be diminished as a result of the restrictions of the easement.Not all land will qualify for a conservation easement.More items...?
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A conservation easement is voluntary and must comply with the local comprehensive plan. When you own a property, you have a bundle of rights.Landowners grant conservation easements to protect the resources of their property while retaining the rights of private ownership. A conservation easement enables landowners to protect their land forever. A conservation easement reduces the market value of the land because the owner gives up the potential for full development.