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Title insurance can come in handy with such common title issues as: back taxes, filing errors, liens, title forgeries, conflicting wills — and undocumented easements.
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 ...
The fertile octogenarian and the unborn widow are two legal fictions from the law of real property (and trusts) that can be used either to invoke the rule against perpetuities to make an interest in property void or, alternatively and much more frequently, to demonstrate the seemingly bizarre results that can occur as a result of the rule. The ...
Land trusts also sell land to private buyers, usually with a strict conservation easement attached. Land trusts use many different tools in their protection efforts. Land trusts buy or accept donations of land in fee. This means that the landowner will sell fee simple interest to the land trust or will just give the land they own to an ...
The decision to terminate an irrevocable trust can stir notable financial implications, particularly when it comes to taxes. A financial advisor can help guide you through the estate planning ...
A 4-acre piece of privately owned land with 589 feet of shoreline near the Door Bluff Headlands is now under a conservation easement with the Door County Land Trust, part of the more than 486 ...
A defeasible estate is created when a grantor transfers land conditionally. Upon the happening of the event or condition stated by the grantor, the transfer may be void or at least subject to annulment.
In 2012, the Land Trust Alliance set up an insurance company to assist regional land trusts with the legal defense of conservation easements. [6] In 2021, the Land Trust Alliance expressed support for the 117th United States Congress' proposed "Charitable Conservation Easement Program Integrity Act", which is intended to prevent improper tax ...