Conservation easement
INTEREST IN REAL PROPERTY ESTABLISHED BY AGREEMENT BETWEEN A LANDOWNER AND A LAND TRUST OR UNIT OF GOVERNMENT
Conservation easements; Purchase of Agricultural Conservation Easement; Agricultural Conservation Easement; PACE Corporation; Easement Purchase Program; Purchase of Agricultural Conservation Easement program; Agricultural conservation easement; Conservation covenant; Conservation Easement; Conservation land
In the United States, a conservation easement (also called conservation covenant, conservation restriction or conservation servitude) is a power invested in a qualified private land conservation organization (often called a "land trust") or government (municipal, county, state or federal) to constrain, as to a specified land area, the exercise of rights otherwise held by a landowner so as to achieve certain conservation purposes. It is an interest in real property established by agreement between a landowner and land trust or unit of government.