Conservation Easements
A conservation easement is a legal agreement that allows landowners to restrict certain uses of their property to protect its natural resources. This agreement is typically made with a government agency or a nonprofit 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 cover various aspects, such as protecting wildlife habitats, preserving open spaces, or maintaining agricultural land, contributing to the overall health of the environment and local ecosystems.