Conservation Easement

A conservation easement is a permanent legal agreement made between a landowner and a “land trust” (such as the JDCF) that permanently protects the natural, scenic, agricultural, and/or historic qualities of a piece of property. Conservation easements benefit the JDCF by helping us fulfill our mission of preserving land without actually buying property outright. The landowner continues to own the land and retains the ability to sell or transfer ownership of the land as he or she pleases. The JDCF “holds” the conservation easement and is responsible for making sure that the restrictions contained in the conservation easement are being upheld. This is done by maintaining good working relationships with the landowners and visiting the property at least once per year. A conservation easement benefits the landowner by providing him or her financial incentives. If a landowner donates a conservation easement to the JDCF, he or she is eligible for a tax deduction, the amount of which is equal to the appraised value of the conservation easement (usually anywhere from 15-50% of the property’s total appraised value). For example, if the appraised value of a property is $500,000 and the value of the conservation easement is appraised at 20% of the property’s total value, the landowner is eligible for a tax deduction of $100,000. Donating a conservation easement can also reduce the landowner’s estate taxes and property taxes. Conservation easements can also provide landowners with peace of mind by knowing that their special places will be preserved after they die. It is important to note that conservation easements are permanent, meaning that all future landowners will also be bound by the terms of the agreement. Conservation easements are legally binding documents and are recorded at the courthouse with the deed to the property. Regarding the effects of conservation easements on property values, the effects can vary with place and time. Undoubtedly, a conservation easement lowers the value of the property that is being restricted (this is the basis of the tax deduction). However, evidence suggests that most conservation easements do not hinder a property’s resale ability. Also, many studies show that protected open space (such as conservation easements) can increase the property values of adjacent properties and the surrounding area (see Land Trust Alliance Fact Sheet, “The Economic and Tax-Base Benefits of Conservation”). For more information, contact Jim Johannsen at landprotection@nulljdcf.org.

Upcoming Events

Discover Wapello ~ A Discussion with Archaeologist Phil Millhouse, PhD

October 3 @ 1:00 pm - 1:30 pm

JDCF will be Live on Facebook with special guest and renowned archaeologist, Phil Millhouse, PhD, at the Wapello Land & Water Reserve, the site of his doctoral field work in 2005. Phil will talk about his initial findings, which contributed to Wapello being placed on the National Register of Historic Places due to its cultural […] Read More

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Meet the Members of GALE ~ A Facebook Live Event

October 15 @ 10:00 am - 10:30 am

We will be Live from the worksite at Horseshoe Mound with members of the Galena Area Land Enthusiasts (GALE), a volunteer group that has been helping our stewardship staff with field work since 2012.  This group of not-so-young guys and gals work year round in all weather conditions battling invasive species, assisting with prescribed burns, […] Read More

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