What is a Conservation Easement (aka “land preservation agreement”)?

A conservation easement is a voluntary legal agreement between a landowner and a land trust or government agency. It permanently limits uses of the land in order to protect its conservation values. The landowner continues to own the land and the easement does “run with the land” and is binding to future landowners. The land can be sold or given to heirs just as any other private property.

Donating a conservation easement may result in reduced income tax and estate tax, and possibly reduced property taxes.

A conservation easement can be essential for passing land on to the next generation. By removing the land’s development potential, the agreement lowers its market value, which in turn lowers estate tax. Whether the agreement is donated during life or by will, it can make a critical difference in the heirs’ ability to keep the land intact.

Public access is NOT a requirement on lands protected with a conservation easement.

Learn more about conservation easements and how to preserve your land.

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