Sale / conveyance of title to land or development rights to a charitable organization at less than fair market value.
Landowner voluntarily decides to restrict use of property with high conservation value while still retaining ownership. Can provide tax advantages and/or tax abatement provided that easement is long term or perpetual.
Land subdivision / proposed development is clustered on portion of property to protect open space.
Fee Simple Acquisition / Fair Market Value
Outright purchase of full title to land at fair market value.
Like-Kind Land Exchange
Tax-free land transaction whereby public agency or non-profit conservation organizations exchanges like-kind land, able to be developed, with property targeted for protection.
Limited Development / Reduced Density
Property is subdivided at a reduced density to better protect open space. Can provide tax advantages, reduced infrastructure building costs, and enhanced marketability.