Conservation Easements Gaining Popularity

More and more property owners are donating their land to trusts to preserve the property.
August 16, 2005, 12pm PDT | Brenda Meyer
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"A conservation easement is a conveyance of legal interest in land, whereby a property owner gives or sells the development rights to a preservation group, like a local, state or national land trust. The landowner retains full ownership, but is bound to never develop it. And the easement applies to future owners of the land, ensuring perpetual protection."

Thanks to Brenda Meyer

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Published on Monday, August 15, 2005 in The New York Times
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