Posted by Steve in VA on November 15, 2012 at 03:56:30 from (158.106.48.10):
In Reply to: Conservation easement posted by goose12 on November 14, 2012 at 09:22:26:
goose, I too own in the Va mountians. A number of these responses don't match my understanding of how this works. John Fulton's responses do match. A farmer near me just put >400 acres in easement. he negotiated the number of future home sites. When I asked about limitations he stated that there were NO limits on farming, the property could be sold and the easement transferred with the deed. He can conduct no open-pit mining or drill for gas/oil, and clearcut no more than 10 acres of timber a year. One thing to bear in mind is that the easement will lower the land value because it is a restriction on future use and so, if you have any lien holders, then you need to coordinate with them since any easement will affect them too.
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