Colorado Conservation Easements
Did you know that Conservation Easements bring many to financial ruin? A conservation easement is a voluntary agreement that allows a landowner to limit the type or amount of development on their property while retaining private ownership of the land. But what are the cons of these types of encumbrances?
This article is a must read for those owner’s considering placing conservation easements on their property and the potential ramifications of doing so, and also for those who are the purchasers of the tax credits on these properties. Third parties who purchase these properties are confronted with land trust organizations that apply restrictions which reach far beyond the rights they actually own, contained within the conservation easements.
Conservation Easements Bring Many to Financial Ruin
What happens when a standard used to protect land and landowners for the enjoyment of future generations turns into a litigation nightmare that instead strips owners of their rights and their money?
The Fence Post recently came out with an article covering exactly that: Landowners left bankrupt and forced to settle out of financial burden. And it’s happening right at your back door.
Read more about this struggle at The Fence Post Volume 36, Number 33