What are the disadvantages of a conservation easement?
- A conservation easement is typically perpetual.
- A future owner or your heirs may not have the same affinity for conservation as you do.
- The future value of the property will likely be diminished as a result of the restrictions of the easement.
- Not all land will qualify for a conservation easement.
What is a conservation easement Texas? A conservation easement is a voluntary, written agreement between a landowner and the “holder” of the conservation easement under which a landowner voluntarily restricts certain uses of the property to protect its natural, productive or cultural features.
How does a land trust work in Texas? A land trust is created by signing a trust agreement between you and a Trustee who will manage the trust property. After the trust agreement is signed, you then transfer your property, by deed, to the trust and record it at the county clerk and recorder’s office.
What is a conservation easement in Tennessee? To protect Middle Tennessee’s natural beauty, one increasingly popular tool is the conservation easement. A conservation easement is a legal means by which landowners can voluntarily restrict the use of a designated piece of land.