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The grant of conservation easement, as with any real property interest, is part of the chain of title for the property and is normally recorded in local land records. The conservation easement's purposes will vary depending on the character of the particular property, the goals of the land trust or government unit, and the needs of the landowners.
Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. ... Some properties have conservation easements, for example, which require property ...
Conversely, an easement in gross benefits an individual or a legal entity, rather than a dominant estate. The easement can be for a personal use (for example, an easement to use a boat ramp) or a commercial use (for example, an easement to a railroad company to cross property to build and maintain a rail line).
Conservation easements offer great flexibility. An easement on property containing rare wildlife habitat might prohibit any development, for example, while an easement on a working farm might allow the addition of agricultural structures. An easement may apply to all or a portion of the property, and need not require public access.
Under the conservation easement, GreenWood Resources — a timber investment company that manages lands previously owned by Weyerhaeuser and other timber companies — will continue to own the ...
In these cases, the owner of the "servient" estate (which is the one being crossed) may simply give permission, or the "dominant" estate (the one needing access) may purchase the easement, for example to construct a driveway. Such easements are attached to the dominant estate, or appurtenant. The dominant estate cannot sell the easement ...
Real covenants and easements or equitable servitudes are similar [9] and in 1986, a symposium discussed whether the law of easements, equitable servitudes, and real covenants should be unified. [4] As time passes and the original promisee of the covenant is no longer involved in the land, enforcement may become lax. [10]
Petitioner Coy Koontz applied to the St. Johns River Water Management District for a permit to develop 3.7 acres of wetlands under the District's jurisdiction. [2] Koontz offered to mitigate the loss of wetlands by conveying to the District a conservation easement over 11 acres of adjacent land.
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