Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is there financial value to granting a conservation easement?

April 26, 2017conservation easement financial granting value

0

Posted

Is there financial value to granting a conservation easement?

1 Answer

0

Posted

Conservation easements can be conveyed by charitable gift or sale. The value of the easement is the difference between the fair market value of the property before and after the easement restrictions are put in place. Because conservation easements usually reduce the market value of the property to reflect only the allowed uses — eliminating speculative value — the gift of a conservation easement can bring significant income or estate tax deductions.