§ 14.7 - Transfer of Conservation Easements

JurisdictionWashington

§14.7 TRANSFER OF CONSERVATION EASEMENTS

Several characteristics of conservation easements make transfer after the initial conveyance generally unlikely. Holders almost always are either governments or nonprofit corporations whose existence usually is perpetual, which limits issues of succession. The stewardship obligations imposed on recipients of conservation easements make conservation easements essentially a liability rather than an asset, thereby removing any financial motive for acquiring a...

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