Wednesday, October 22, 2008

8 Benefits for Landowners Who Sell a Florida Conservation Easement


This article may also be found in its entirety here:

The pathway to conservation easements
is not always a straight line but,
more often than not, is worth the trip.

A conservation easement is a viable solution for landowners who want to protect their land from development. Simply put, a conservation easement is a restriction on the use of property owned by an individual, similar to a deed restriction. It is recorded in public records and generally is in perpetuity. Landowners who sell conservation easements can control the ownership of the property, while receiving money for the easement. The government receives assurance that valuable land will be protected from future development.

What are the specific benefits to the landowner? Below is a list of eight of the general benefits for considering a conservation easement:

  • The landowner maintains control and ownership of the property.
  • Each conservation easement is individually structured to meet the needs of the landowner, along with the conservation criteria and can be structured broadly or specifically.
  • The landowner keeps the land and receives payment for the appreciated value caused by development pressure.
  • The landowner assures the property is protected for future generations.

  • The landowner continues to receive income from his land.

  • The property may be sold and the restriction travels with the property.

  • Future generations are assisted in the transfer of the land by favorable estate tax treatment.

  • Landowners may gain income tax advantages. Tax advantages can assist in the transfer of property from generation to generation and can lower estate taxes for heirs by maintaining the agricultural classification of the land.

For more information on conservation easements, land, commercial, industrial properties, and land and resource management, please visit http://www.saundersrealestate.com/ or call Dean Saunders at 1-877-518-LAND.

~Dean Saunders, ALC (Accredited Land Consultant), is considered in the industry as an expert on process of conservation easements, understanding the needs and processes of the government agencies involved. The company, Coldwell Banker Commercial Saunders Real Estate, is located in Lakeland, FL and offers real estate services for land, commercial, industrial and conservation properties, as well as land and resource management.

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