Here’s a quick review of what a conservation easement is and what it does. Per the Land Trust Alliance:
“A conservation easement is a voluntary legal agreement between a landowner and a land trust or government agency that permanently limits uses of the land in order to protect its conservation values. Landowners retain many of their rights, including the right to own and use the land, sell it and pass it on to their heirs. Conservation easements… are the number one tool available for protecting privately owned land. All conservation easements must provide public benefits, such as water quality, farm - and ranch - land preservation, scenic views, wildlife habitat, outdoor recreation, education, and historic preservation.”
WHEN DONATED FOR CONSERVATION IN PERPETUITY, AN EASEMENT IS A TAX DEDUCTIBLE CHARITABLE GIFT AND MAY REDUCE ESTATE TAXES.
THE EASEMENT PROHIBITS:
THE OWNER IS STILL ALLOWED TO:
The 101 Lakes Trust is required to ensure that no activities take place that are in violation of the
easement, thereby conserving the property’s natural habitat.
The result is that Matthews is still allowed many activities on his land while the property is protected from development, and the residents of Lake Arrowhead benefit from perpetual greenspace on the southern end of their lake.