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Definitions (16)
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watershed
The region draining into a river, river system, or other body of water.
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trail easement
A voluntary legal agreement that allows a qualified holder (e.g., a land trust) of the easement to run and maintain a trail or trail segment across a property owned by another party.
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purchase and sale contract
A contract between a buyer and seller for the purchase of a Conservation Easement, land in fee simple title, etc.
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option agreement
A contract made to keep an offer open to purchase a Conservation Easement, land in fee simple title, etc. for a specified period, so that the offeror cannot revoke the offer during that period.
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land conserved with conservation intent alone
Land owned by a qualified holder organization with the intent to keep the land in conservation but the land lacks deed restrictions or a perpetual conservation restriction held by an outside qualified [..]
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greenway
An area with a critical mass of nearby and connected open spaces which together afford a community substantial benefits such as wildlife habitat corridors, sweeping scenic views, recreational corridor [..]
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conservation purposes
The purposes a conservation easement must serve to be a tax-deductible donation, as defined by Internal Revenue Code (IRC) s. 170(h) and the associated Treasury Regulations.
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deed
A legal document by which ownership to land and interests in land are transferred.
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conservation
The care and stewardship of natural resources.
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conservation easement
A conservation easement is a perpetual legal agreement between a landowner and a qualified organization, such as a land trust, that restricts future activities on the land so as to protect its conserv [..]
Meaning awaits approval from a moderator |
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