Conserving Your Land
There are three common conservation methods to help you ensure the permanent protection of the special features of your property:
- Conservation Easements – a legal document recorded at the Registry that limits the type and scope of development on your property. With this method, you may keep your land held in family ownership. The conservation easement restrictions are upheld by a land conservation organization in perpetuity.
- Donations – you may donate your land outright or donate a conservation easement. By making a donation of land or donating a conservation easement, you can make a generous gift while benefiting from income and estate tax deductions.
- Selling Your Land – you may sell your land or sell the development rights to a land conservation organization. Read more about the various ways to sell your land through bargain sales, installment sales, right of first refusals, etc.
Other conservation methods such as leases, deed restrictions, mutual covenants and management agreements could also be considered, but do not necessarily ensure permanent conservation of your land or provide substantial tax benefits.
If you have a specific question or would like to order a printed copy of “Conservation Options, A Guide for Maine Landowners” (PDF, 623k), please contact our land Protection Staff directly. We would be happy to help you!