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1 hat s really up to the donor. If the property involved is large, the easement complicated (perhaps tied to a sophisticated estate plan), and the donor wants maximum possible tax benefits, legal and appraisal costs can be significant (but almost certainly justified). Not interested in income tax benefits? - no appraisal required. Willing to accept standard easement language? - legal costs zero to small. Easement questions
Question #1 - What is a conservation easement?
Arrangements of many kinds are so classed. Virginia, for example, accepts both “open space” and “historic preservation” easements.
Generally, a conservation easement is an agreement between a landowner and a public trust entity - in Virginia one of several quasigovernmental agencies - to restrict the future use of a property forever.
The easement is voluntary, not regulatory. It is a deed, granting a few of the many rights that go with property ownership to be held in public trust in perpetuity. In other words, the ease nent applies to all future owners of
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