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Conservation easement boundary sign. In the United States, a conservation easement (also called conservation covenant, conservation restriction or conservation servitude) is a power invested in a qualified land conservation organization called a "land trust", or a governmental (municipal, county, state or federal) entity to constrain, as to a specified land area, the exercise of rights ...
Based on two appraisals it did on the property, the Water Supply Board offered him $292,000 for a conservation easement on 60 acres, with a 5-acre “envelope” that would allow him to build a house.
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.
Elsing Green in Virginia, which was granted an easement to preserve the land. Farmland preservation is a joint effort by non-governmental organizations and local governments to set aside and protect examples of a region's farmland for the use, education, and enjoyment of future generations. They are operated mostly at state and local levels by ...
The easement contains pipes that supply water to 360,000 residents. The problem is that those pipes are now nearly 100 years old, so a rupture could happen at any time, resulting in untold damages.
An easement may apply to all or a portion of the property, and need not require public access. Each conservation easement is carefully crafted to meet the needs of the landowner while not jeopardizing the conservation values of the land. [8] [page needed] In between selling land or an easement to a land trust is an option called a bargain sale.
Purchasing of credits by the easement holder from the landowner creates a legal contract, known as a conservation easement. The conservation easement binds the landowner to uphold the requirements of the conservation bank. [1] Another advantage is that purchasing credits from a conservation bank ensures that species and/or habitat protection is ...
The NWRB is an attached agency of the Department of Environment and Natural Resources responsible for ensuring the exploitation, utilization, development, conservation and protection of the country's water resource, consistent with the principles [3] of "Integrated Water Resource Management".