
Why?
Preserving Family and Community Lands
How?
Methods of Protecting Land
The Process:
Working with LRCT to Preserve Your Land
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Working With LRCT To Preserve Your
Land
The Initial Inquiry
Upon receiving your inquiry about land protection, LRCT staff will
send you a packet of written materials explaining more about the
Trust and its land protection methods and objectives. The packet
also includes a Property Information Sheet asking you about your
land and your goals in preserving it. After reviewing the responses
on this form and determining that the project is of mutual interest,
LRCT will contact you. We will request permission for LRCT staff
and volunteer committee members to walk the land, and will ask that
you supply a copy of any recent survey done of the property.
A First Look at the Land
LRCT staff will complete a Property Assessment Report while walking
the land, noting particular attributes of the property and potential
management requirements and objectives. A brief description of the
land and photos taken during this initial visit will be used in
future presentations to the LRCT Board and for general publicity
purposes as the project moves forward.
Determining Land Protection Objectives and Methods
Our staff will then meet with you to share information from the
property visit and to further clarify your goals in preserving your
land. You will be asked whether your intention is to provide LRCT
with the gift of the land and its title, or the gift of a conservation
easement. (If funding for the project is required, staff will also
explore the viability of local fund raising with you.) If you intend
to pursue an easement, we will inquire as to which rights (e.g.
timber rights) you wish to retain. We will also discuss your views
on the potential management of the property, in particular, your
interest in allowing public access to the site.
Obtaining Preliminary Approval
Our staff will present the project to the Lands Committee of
the LRCT Board. The Lands Committee will assess the conservation
value of the property and determine if its protection is in keeping
with LRCT goals, objectives, and capacities. Our office will notify
you of preliminary approval and:
request that you provide us with a new survey of the property
if one has not been done recently;
advise you to seek legal counsel;
notify you of the need to conduct an appraisal on the property;
provide you with a projected management plan or model easement
(as appropriate) to discuss with your attorney;
request your permission to conduct further on-site review
of the land prior to its transfer;
explain the need for LRCT volunteer "monitors" to walk the
land on an annual basis;
explain LRCT's need to secure funding to properly care for
or "steward" the land;
request a stewardship gift to endow LRCT's future responsibilities
to care for the land, or request your consent for LRCT staff to
seek funding from the local community; and
present you with a suggested time line for the project.*
* Landowners seeking tax benefits for their donation of land
or easement to the Trust should be aware that LRCT staff must adhere
to time lines dictated by quarterly meetings of the Board. It may
be difficult, if not impossible to complete a project in the final
weeks of a calendar year, unless prior planning included such a
deadline.
Approval and Completion of the Project
Once our office receives from you or your attorney a copy
of the new survey and a proposal for title transfer or specific
conservation easement language, the project will be presented to
the full LRCT Board for its approval. Upon approval, LRCT's legal
counsel will conduct a final title search and then work with your
attorney to schedule and implement the closing.
Post-Closing Documentation for Tax Purposes
In order to receive allowable income tax benefits from your gift
of land, you are required to submit appropriate forms (8283) to
the IRS. The forms will include the value of the gift based on the
appraisal you had done on the property. Once you or your attorney
have prepared the IRS forms you will need to submit them to LRCT
for signature.
Publicizing the Gift
It is customary for LRCT to publicize in the media all donations
of land or conservation easements. Typically, a press release is
issued which includes a photograph and description of the property
and details about how LRCT worked with members of the community
to protect the land. With the exception of stewardship or other
monetary gifts made to the Trust, this information is in most cases
a matter of public record. However, if you donate land, an easement
or a stewardship gift to LRCT and do not wish to be listed by name
as a donor, please make us aware of that as early as possible.
Land Management and Stewardship
Posting of boundary signs, trail construction and maintenance,
and other land management projects are commonly instituted by LRCT
volunteers. If you as a land donor, your family, or your neighbors
are interested in assisting with monitoring or other projects, please
contact us. We would greatly appreciate your joining our efforts.
By law, all properties on which an easement has been placed must
be routinely monitored to ensure that the (current or future) landowner
is abiding by all restrictions stated in the deed. In addition to
monitoring easements, LRCT routinely inspects other protected properties
to ensure proper management. In all cases, land donors are invited
to participate.
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