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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.
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.
Landowners may also sell or donate a conservation easement to a land trust. [citation needed] A landowner that donates a conservation easement to a land trust gives up some of the rights associated with the land. For example, the landowner might give up the right to build additional structures, while retaining the right to grow crops.
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 ...
May 14—The idea of placing family land under a conservation easement has been on Luci Yeat's mind for 35 years. Now, a portion of that land is officially conserved in perpetuity. A total of 76.5 ...
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.
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 ...
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