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18 Cards in this Set
- Front
- Back
What are some goals of conservations?
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1) Protect natural, , scenic, historical, cultural, archaeological and recreational resources
2) Repair fragmented landscapes and marine environments 3) Conserve working landscapes 4) connect where people live to where they recreate 5) increase and sustain a community's environment, social, health and economic capital 6) achieve balance between the built and natural enviornments |
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How are resources conserved (IAPPLE)
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Individual resonsibility
Acquisition Private Stewardship Purchase of Development Rights Laws and Regulations Easements |
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T/F a landowner selling his land may want to conserve it?
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t
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landowners may wish to conserve their land to protect their property from _____________________ ___________________________
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inappropriate development
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Some other benefits from land conservation are that a landowner can:
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Realize some equity from their land now
Realize a potential tax benefit Preserve family lands while maintaining their agricultural, forested, ranch or historic use of property |
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What is a conservation easement?
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a legal agreement between a landowner and a land trust or government agency that permanently limits uses of the land in order to protect its conservation values.
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Which of these is not a qualified conservation recipient for a conservation easement?
A) a public agency B) farmers C) land trust D) non profit or preservation organization? |
B
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Conservation EAsements can protect (SHANE R)
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Scenery
Historic places Agriculture Natural Resources Endangered species Ranches |
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Because consevation easements offer ____ ____________________, a grantor is best served to grant to a public agency or conservation or historic preservation organizaition
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tax benefits
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A Conservation Easement is a ___________________, charitable gift provided that the easement is a qualified conservation contribution
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tax deductible
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How can a conservation easement benefit the federal estate tax?
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A conservation easement on property either prior to death or through a charitable gift at death can reduce heirs’ tax burden
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How can conservation easements ease the local property tax?
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Easements can reduce development potential, reducing value of property, reducing tax assessment
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What are the steps in a conservation easement process?
(HINT Valerie Never Dreaded Being Made to Eat Apples) |
Valuation
Negotiation Drafting Baseline Documentation Management Enforcement Assignment |
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Development rights are either extinguished or
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held by a qualified entity for transfer
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Landowner retains full ownership and use of property for purposes other than
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real estate development
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Private Stewardship Grants are for
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For landowners who protect and restore imperiled species & habitats
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The non-tribal landowner incentive program provides
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technical and financial assistance to private landowners for habitat protection & restoration
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Fair Market Value (FMV) Appraisals Based on
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highest and best use
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