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VOF only accepts land that is scenic or otherwise special, which covers virtually all the land in Rappahannock County.
Here even small parcels of 10 or so acres might be accepted by the VOF, especially if they are located near other land under easement.
Each landowner negotiates his or her own terms with the VOF, but generally the VOF is happy to see normal rural usage of easement-protected land. For example, the VOF usually accepts selective logging in forests or the production of any crops.
Easement-protected land is bought and sold like any other land. The only difference is that the new landowner must continue to abide by the terms of the easement.
Where To Start
It’s about as easy (or as complicated) to put land under easement as it is to purchase land. It requires a survey, as well as an assessment of land value for tax-deduction purposes. It also requires negotiating terms with the VOF and completing the necessary paperwork.
Wealthy property owners probably should consult. an attorney familiar with easements and perhaps a financial planner as well. For instance, it may make sense for a particular landowner to “play” with the timing of his signing of an easement contract. In a given year, for instance, he may need to claim a capital loss from the easement to offset a capital gain from some other business activity.
The PEC is probably the best starting point for basic information. It offers a free information package, including an 18-minute video. The PEC can be reached at (540) 3472334.
If you’re beyond the information stage and want to talk turkey with the VOF, phone it at (703) 327-6118 for an appointment with a staff member.
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