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You can protect your land through an agreement called a Deed of Conservation Easement. This is a legal agreement between a landowner and a land trust (like Maryland Environmental Trust), which restricts the future uses of the landowner's property. It applies to all future owners of the property. The agreement often limits such things as the amount of subdivision that is allowed on a property, or the number of houses that may be built. It does not grant public access to a property unless that is what the landowner wants. Deeds of Conservation Easement are tailored to fit a landowner's individual situation. The landowner and the land trust work together to finalize the terms of the agreement. |
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You can protect your land through an agreement called a Deed of Conservation Easement. This is a legal agreement between a landowner and a land trust (like Maryland Environmental Trust), which restricts the future uses of the landowner's property. It applies to all future owners of the property. The agreement often limits such things as the amount of subdivision that is allowed on a property, or the number of houses that may be built. It does not grant public access to a property unless that is what the landowner wants. Deeds of Conservation Easement are tailored to fit a landowner's individual situation. The landowner and the land trust work together to finalize the terms of the agreement. |
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MD Department of Natural Resources |
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5000 |
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<DIV STYLE="text-align:Left;"><DIV><P><SPAN>The major benefits of our land protection program are:</SPAN></P><P><SPAN>Permanent protection of natural areas, farm and forest lands and historic property;</SPAN></P><P><SPAN>Long-term monitoring of the property under all future owners - the land is protected forever;</SPAN></P><P><SPAN>Potential Federal and State income tax deductions for the appraised value of the easement as a charitable gift;</SPAN></P><P><SPAN>Lower estate and inheritance taxes to reflect the reduced development potential of the property;</SPAN></P><P><SPAN>Prompt processing of easement agreements (typically within three to four months of the offer);</SPAN></P><P><SPAN>A 15-year state and local property tax exemption on the unimproved land.</SPAN></P></DIV></DIV> |
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SDE.MET |
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["Maryland Environmental Trust","easement","agriculture"] |
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en-US |
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150000000 |
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