Conservation easement


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Conservation easement

The easement restricting a landowner to land uses that are compatible with long-term conservation and environmental values. Also, a preservation tool that may be used by a land trust or conservation group to limit development.
References in periodicals archive ?
2, 2015 /PRNewswire-USNewswire/ -- The USDA Natural Resources Conservation Service (NRCS) in California is now accepting applications for both Wetland Reserve Easements (WRE) and Agricultural Land Easements (ALE) through the Agricultural Conservation Easement Program (ACEP).
The funding is provided through the Agricultural Conservation Easement Program (ACEP), created by the 2014 Farm Bill to protect critical water resources and wildlife habitat, and encourage private owners to maintain land for farming and ranching.
On December 17, 2004 these partners each donated a conservation easement over their respective parcels to the Greenlands Reserve.
In fact, he mentored the OLT throughout the development of the Scanlon Lake Conservation Easement (2014).
follow to ensure that "the granting of a conservation easement to a
The granting of a conservation easement may also lower property taxes, as the land would likely no longer qualify for development assessments, even if surrounded by developments.
In a settlement, Hyundai agreed to purchase additional land for desert tortoises that will be privately held and managed; dropped a plan to relocate desert tortoises into designated tortoise habitat elsewhere, which had raised concerns about spreading a tortoise disease; and agreed to place most of the area's affected Barstow woolly sunflower plants inside a conservation easement and to provide location details for a state database.
The board makes offers to purchase the development rights on the farms and place a conservation easement on the property.
Some opt for the additional step of putting their ranches under a conservation easement, which, because it restricts development, lowers the land's value and in turn the tax rate.
A deduction in excess of $5,000 for a donation of a conservation easement must be substantiated by the submission of a qualified appraisal by a qualified appraiser.
ALSO: IP has completed the donation of IP John Dillon Park, a 15,800-acre conservation easement valued at US$ 2.
The Conservation Fund recently protected 312,000 acres in eastern Maine by purchasing a conservation easement from Typhoon, LLC, a TIMO.

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