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CONSERVANCY


 

Who We Are  |  How Conservation Is Done  |  What You Can Do

 

HOW CONSERVATION IS DONE

Modern conservation of land combines real estate planning, preservation and environmental law, and sound tax advice. Each situation requires different, sensitively planned and executed steps to ensure the greatest financial and environmental advantage to the donor and the Conservancy, tax, legal, and real estate advisors can provide the land owner with help in every aspect of the process.

Although some property may be acquired in fee simple, we anticipate most will be acquired by conservation easements. By this, the owner agrees to place permanent restrictions on the use, clearing, or development of some or all of the property. Options range from the stipulation of development type or density to a prohibition of all construction. The easement is a legal deed restriction which remains in force, usually in perpetuity, without regard to who owns the land in the future. The property may be sold or inherited as before, subject only to the restrictions in the conservation easement. Such an easement has a value, as determined by appraisal, and granting an easement to the Conservancy brings both an income and real estate tax benefit and reduction in estate taxes. Full details are available from The Bratenahl Land Conservancy.

Donations may be sent to:

The Bratenahl Chapter of the Western Reserve Land Conservancy
10300 Brighton Road
Bratenahl, OH 44108
216-268-2345

 
Copyright 2002 - Bratenahl Community Foundation