Are there costs associated with donating a conservation easement?
• There are costs associated with putting a conservation easement on a property. Each conservation easement requires a report documenting the existing natural resources and human activity on the property, a minerals remoteness test if the landowner does not own all the mineral rights, verification of legal description, and recording fees. These are costs the Reliance incurs. Landowners decide which, if any, of these costs they can help defray. Associated costs, which are the responsibility of the landowner, may include an appraisal, and attorney or accountant fees. In some instances, there are funding sources available to help a landowner defray the costs associated with their conservation easement.
