> conservation easements
I.e. easements that come from law rather than seller stipulation? Seems an easy distinction to make.
I.e. easements that come from law rather than seller stipulation? Seems an easy distinction to make.
A lot of convservation land in America is put under non-governmental easement [1]. The owner puts a restriction on the deed prohibiting development. They typically require emininet domain powers to be removed.
Menard's does this in Michigan, and then tries to get the taxes on their replacement stores to be based on the restricted property. It's nuts.
"Sure NGO XYZ, I'll sell this land to iff you accept a long-term restriction on it's use"