Selling a conservation easement to Solano Land Trust
As a first step, Solano Land Trust provides the landowner with
a simple application. Then Solano Land Trust will arrange a visit to the property to
discuss the program and any questions or concerns the landowner may have.
If both parties decide to proceed there will be a series of discussions
between Solano Land Trust, the landowner, and their respective legal and financial advisors
regarding the specific terms of the conservation easement. A written independent
appraisal of the value of the conservation easement is done by a mutually
agreed upon appraiser. Selling a conservation easement can take up to
18 months or longer, in part because Solano Land Trust applies for grants to purchase
an easement.
Donating a conservation easement to Solano Land Trust
Conservation easements may be donated on land that is habitat to rare or endangered, or other unique species; open space; parkland; oak woodlands; forests; wildlife corridors; and agricultural lands. The steps taken are similar to those described above for an easement sale. However, donating a conservation easement has significant tax advantages. Please contact Solano Land Trust for more information.
Potential conservation easement acquisitions are evaluated by:
- Economic viability and capacity
- Degree of threat
- Political and policy status
- Collateral values
- Other factors
For more information contact Audrey Kitzes at (707) 432-0150 x206 or audrey@solanolandtrust.org.