What are the disadvantages of a conservation easement?

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What are the disadvantages of a conservation easement? 

Cons:
  • 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 in Alabama? Conservation easements offer private landowners flexibility in protecting their land. For example, a landowner can retain the right to grow crops on a parcel while, at the same time, relinquishing the right to build additional structures on the property.

What is a conservation easement in Virginia? A conservation easement is a voluntary legal agreement between a landowner and a government agency or land trust that permanently limits future development of the land to protect its conservation values.

What is a conservation easement in Montana? A conservation easement is a voluntary legal agreement between a landowner and a land trust like MLR that permanently limits the uses of the land in order to protect its conservation values.

What are the disadvantages of a conservation easement? – Additional Questions

Can you build a house on a conservation easement in Montana?

Farmers or ranchers who donate a conservation easement may be eligible for federal income tax and estate tax benefits. The easement restricts commercial, industrial and residential subdivision development of the property, so in a practical sense the land value is diminished with the easement.