About Land Donations
To The Boone Conservancy
The Boone Conservancy uses flexible methods to acheive land conservation goals and meet the specific needs of the landowner. Many of the approcahes described below offer significant income tax, state tax, and property tax savings that help make land conservation affordable
A donation of land for conservation can be made by gift or through a will and guarantees that the property will be protected for its conservation values forever.
A charitable remainder interest is an arrangement through which a landowner donates property, but reserves the right to continue to live on or use the property during his or her lifetime.
A bargain sale occurs when a property is sold for less than fair market value. When the property is sold to the Conservancy, the seller may receive significant income tax benefits in addition to the sale price.
Trade land is land donated to the Conservancy to be sold in order to generate money to promote its conservation program.
A conservation easement is a voluntary legal agreement between a landowner and the Conservancy that permanently limits uses of the land in order to protect natural resources. Each easement is tailored to fit the specific property and the owner’s personal development plans. No right of public access is conveyed through a conservation easement. The land stays in private ownership and use and the Conservancy ensures that the conservation restrictions are honored over time and through all subsequent changes in ownership.