Conservation Easement
A Conservation Easement is a legal agreement that allows landowners to limit certain uses of their property to protect its conservation values. This agreement is typically made with a government agency or a non-profit organization, ensuring that the land remains undeveloped and preserved for future generations.
By placing a conservation easement on their land, owners can maintain ownership while receiving potential tax benefits. These easements can protect various resources, including wildlife habitats, scenic views, and agricultural land, contributing to the overall health of the environment and local ecosystems.