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Land Protection Stewardship BRCA Properties Kennebec Highlands Homeowners' Resources Land ProtectionThe Belgrade Regional Conservation Alliance's Land Trust has conserved nearly 7000 acres through fee purchase or conservation easements, including the 6,000 acre Kennebec Highlands. A major consideration of our land acquisition strategy is preservation of water quality through protection ot headwaters streams and wetland corridors. Land TrustWhat is a land trust? Land trusts are incorporated nonprofits whose mission is to protect open space from development. They may, or may not, provide public access to their lands via hiking trails, etc. The primary goal is to keep open space open, to keep the green in Maine's country side. This is accomplished through two principal mechanisms -- out right ownership and easements. Ownership comes by means of purchase or gift. Land trusts fundraise in order to have the cash to buy land. Land trusts identify properties that they think are important -- scenically, culturally, ecologically -- and then enter into the market to acquire them, just like any other land buyer. Property owners can get a tax deduction for selling land to a land trust at less than appraised value (this is known as a "bargain sale"). There are no tax advantages for full value sales. For more information on how land trusts work and how to protect your land, contact the Maine Land Trust Network (mltn@mcht.org) or, locally, the Belgrade Regional Conservation Alliance (brca@gwi.net).
Conservation EasementsWhat is a conservation easement? Conservation easements are another tool to protect land. The property owner deeds away the right to develop their property, thereby ensuring that it remains open space. The property is not owned by the land trust. The land trust works with the owner to ensure compliance with the terms of the easement (easements can be complicated or very simple, it all depends on what the owner wishes and what the land trust considers important to protect). There can be major tax advantages -- both in income tax deductions and in inheritance taxes -- with easement donations. Easements often allow a family to retain ownership of lands that might otherwise have been a tax burden.
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Belgrade Regional Conservation Alliance |
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