What are the responsibilities of the Cadillac Area Land Conservancy with respect to the CEs that it holds?
To be eligible for a federal income tax deduction the easement must be “perpetual,” that is, it must last forever. The Conservancy promises to uphold the terms of the easement forever and monitors the property once a year to assure that the terms are not being violated. If the easement terms have been breached the Conservancy will take whatever steps are necessary to uphold the provisions of the easement, including taking legal action.
Related Questions
- What are the responsibilities of the Saginaw Basin Land Conservancy with respect to the preservation agreements that it holds?
- What are the responsibilities of the Cadillac Area Land Conservancy with respect to the CEs that it holds?
- Does the Cadillac Area Land Conservancy accept all CEs that it is offered?
