A conservation easement is a voluntary, permanent agreement between a landowner and a qualified organization like The Land Conservancy. The agreement clearly defines future uses and restrictions for the property, while allowing the owner to continue to use and enjoy the land and eventually sell it or pass it to his or her heirs, knowing that it will remain undeveloped.
Other Land Protection Options
There are additional ways that one might be able to preserve land for the benefit of future generations. Options include
- Sale Options
- Nature Preserve
- ACE: Agricultural Conservation Easements. The Land Conservancy of McHenry County has worked with several farm owners to help them preserve the land they love through donation of a permanent conservation easement. In some cases, the donation has resulted in significant income tax reductions for the landowner.