There are two basic instruments required to establish a land trust. One is a deed in trust conveying the real estate to a trustee. The other is a trust agreement defining the rights and duties of the trustee and the beneficiaries, which is mentioned in the deed of trust but is not recorded. The deed in trust should convey title to real property to a trustee and confer complete trust powers on the trustee so that the trustee can deal with third parties without reference to the trust agreement. Restrictions on the trustee's powers should be set forth in the trust agreement.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
The New Hampshire Land Trust Agreement is a legal contract that establishes a partnership between a landowner and a land trust organization based in New Hampshire. This agreement is designed to facilitate the conservation and protection of significant natural and cultural resources across the state. The primary objective of the New Hampshire Land Trust Agreement is to permanently preserve and manage the land's conservation values, which may include wildlife habitats, wetlands, forests, unique ecosystems, farmland, historic sites, and recreational areas. This agreement serves as a comprehensive framework that outlines the responsibilities and obligations of both parties involved. The landowner, commonly known as the granter, voluntarily enters into the New Hampshire Land Trust Agreement to ensure the long-term conservation of their property and safeguard it from future development or harm. The land trust organization, often a nonprofit entity with expertise in land preservation, enters into this agreement to assist the landowner in achieving their conservation goals. There are different types of New Hampshire Land Trust Agreements available to suit varying landowner objectives and priorities. Some common types include: 1. Conservation easements: This agreement restricts the land uses and development activities on the property while allowing the landowner to retain ownership and some specific uses. It provides the land trust organization with the legal authority to enforce the terms of the easement and monitor the property periodically. 2. Fee-owned land donations: Landowners have the option to donate their property to the land trust organization, transferring full ownership rights and responsibilities. This type of agreement is often chosen when the landowner seeks to permanently protect a significant parcel of land and does not wish to retain ownership. 3. Sale and bargain sale agreements: In some cases, landowners may choose to sell their property to the land trust organization at a below-market price. This option allows the landowner to receive financial compensation while ensuring the land's conservation. The land trust may resell the property to a conservation-minded buyer or manage it for public benefit. Each type of New Hampshire Land Trust Agreement requires thorough documentation and legal procedures to ensure its validity and effectiveness. These agreements are typically customized to address the specific needs and conservation goals of the landowner and the land trust organization. Overall, the New Hampshire Land Trust Agreement plays a vital role in preserving and protecting the state's natural and cultural heritage. By voluntarily entering into this agreement, landowners contribute to the long-term sustainability of New Hampshire's landscapes, biodiversity, and the well-being of present and future generations.The New Hampshire Land Trust Agreement is a legal contract that establishes a partnership between a landowner and a land trust organization based in New Hampshire. This agreement is designed to facilitate the conservation and protection of significant natural and cultural resources across the state. The primary objective of the New Hampshire Land Trust Agreement is to permanently preserve and manage the land's conservation values, which may include wildlife habitats, wetlands, forests, unique ecosystems, farmland, historic sites, and recreational areas. This agreement serves as a comprehensive framework that outlines the responsibilities and obligations of both parties involved. The landowner, commonly known as the granter, voluntarily enters into the New Hampshire Land Trust Agreement to ensure the long-term conservation of their property and safeguard it from future development or harm. The land trust organization, often a nonprofit entity with expertise in land preservation, enters into this agreement to assist the landowner in achieving their conservation goals. There are different types of New Hampshire Land Trust Agreements available to suit varying landowner objectives and priorities. Some common types include: 1. Conservation easements: This agreement restricts the land uses and development activities on the property while allowing the landowner to retain ownership and some specific uses. It provides the land trust organization with the legal authority to enforce the terms of the easement and monitor the property periodically. 2. Fee-owned land donations: Landowners have the option to donate their property to the land trust organization, transferring full ownership rights and responsibilities. This type of agreement is often chosen when the landowner seeks to permanently protect a significant parcel of land and does not wish to retain ownership. 3. Sale and bargain sale agreements: In some cases, landowners may choose to sell their property to the land trust organization at a below-market price. This option allows the landowner to receive financial compensation while ensuring the land's conservation. The land trust may resell the property to a conservation-minded buyer or manage it for public benefit. Each type of New Hampshire Land Trust Agreement requires thorough documentation and legal procedures to ensure its validity and effectiveness. These agreements are typically customized to address the specific needs and conservation goals of the landowner and the land trust organization. Overall, the New Hampshire Land Trust Agreement plays a vital role in preserving and protecting the state's natural and cultural heritage. By voluntarily entering into this agreement, landowners contribute to the long-term sustainability of New Hampshire's landscapes, biodiversity, and the well-being of present and future generations.
