Greater Sandy Spring Green Space
Our Conservation Portfolio
Greater Sandy Spring
What is a Conservation Easement?
A conservation easement is a voluntary agreement that allows a landowner to limit the type or amount of development on their property while retaining private ownership of the land. The easement is signed by the landowner, who is the easement donor, and GSSGS, who is the party receiving the easement. GSSGS accepts the easement with the understanding that it must enforce the terms of the easement in perpetuity. After the easement is signed, it is recorded with the County Register of Deeds and it applies to all future owners of the land.
Another way to visualize a conservation easement is to think of owning land as holding a bundle of sticks. Each one of these sticks represents the landowner's right to do something with their property. The right to build a house, to extract minerals, to lease the property, pass it on to heirs, allow hunting are all rights that the landowner has. A landowner may give up certain development rights, or sticks from the bundle, associated with their property through a document called a conservation easement.
Why do people grant conservation easements?
Passage of Time © Stephen Bach
What kind of financial advantages result from donating a conservation easement?
Many landowners receive a federal income tax deduction for the gift of a Conservation Easement. The Internal Revenue Service allows a deduction if the easement is perpetual and donated "exclusively for conservation purposes." The amount of the tax deduction is determined by the value of the conservation easement. In addition, the donor may have estate and property tax relief.
What activities are allowed on land protected by an easement?
The activities allowed by a Conservation easement depend on the landowner's wishes and the characteristics of the property. In some instances, no further development is allowed on the land. In other circumstances some additional development is allowed, but the amount and type of development is less than would otherwise be allowed. Conservation easements may be designed to cover all or only a portion of a property. Every easement is unique, tailored to a particular landowner's goals and their land.
Can the landowner still sell or give the property away?
The landowner continues to own the property after executing an easement. Therefore, the owner can sell, give or lease the property, as before. However, all future owners assume ownership of the property subject to the conditions of the easement.
Does the public have a right of access to easement-protected property?
The public does not have access to property protected by an easement unless the original landowner who grants the easement specifically allows it. Most easement donors do not want, and therefore do not allow, public access to their property.
How long does an easement last and who upholds it in the future?
Tranquil End © Stephen Bach
Who owns the conservation easement?
To qualify for a tax deduction the easement must be donated to the government or a qualifying conservation or historic preservation organization. GSSGS qualifies as a federally recognized public charity under Internal Revenue Code Section 501(C)(3).
Who owns and manages easement protected land?
The landowner retains full rights to control and manage their property within the limits of the easement. The landowner continues to bear all costs and liabilities related to ownership and maintenance of the property. GSSGS monitors the property to ensure compliance with the easement's terms, but it has no other management responsibilities and itexercises no direct control over other activities on the land.
Does the easement have to cover all of the landowner's property?
No, some easements cover only a portion of the landowner's property. Again, it depends on the landowner's wishes. For example, if someone owns 80 acres, of which 35 acres are wetlands, the landowner may decide to restrict development on only those 35 acres. The remaining 45 acres would not be covered or affected by the easement.
What kind of land can be protected by conservation easements?
IRS regulations require that the property have "significant" conservation values. This includes forests, wetlands, endangered species habitat, beaches, scenic areas and more. GSSGS also has its own criteria for accepting easements. At the invitation of the landowner, GSSGS staff will evaluate the property to determine whether it meets these GSSGS criteria.
© 2006 Greater Sandy Spring Green Space, Inc.