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A conservation easement is a voluntary, legal agreement that permanently limits uses of the land in order to protect its conservation values. Also known as a conservation restriction or conservation agreement, a conservation easement is one option to protect a property for future generations.
A conservation easement is a legally binding agreement between a landowner and the easement holder that restricts use of the land subject to the terms of the easement.
The Benefits of a Conservation Easement Protect open space or critical habitat on your land? whether it's a family farm or ranch, wetland, pasture or forest?from encroaching development. Preserve the agricultural value and traditional uses of your land by allowing for continued farming, ranching and timber harvesting.
Drawbacks Of Conservation Easements Most conservation easements are permanent and bind all future landowners (including heirs). Conservation easement holders and farmers may not always share a common vision. Conservation easements can reduce the property's overall value, making the land worth less for future sales.
Easement holders have the right to access or use another's property for the purpose of the easement. These easement rights are considered non-possessory, as the ownership interest (referred to as the ?fee title?) is still retained by the property owner.