There are a number of options available to landowners who wish to leave a legacy of open, natural or agricultural land for the benefit of future generations.
A conservation easement is a voluntary, permanent agreement between a landowner and a qualified organization like The Land Conservancy. The agreement clearly defines future uses and restrictions for the property, while allowing the owner to continue to use and enjoy the land and eventually sell it or pass it to his or her heirs, knowing that it will remain undeveloped.
In some cases, a landowner may decide that he or she no longer wishes to own certain property, and would benefit from receiving an income tax deduction for donating the land to an organization like TLC.
Other Land Protection Options
There are additional ways that one might be able to preserve land for the benefit of future generations.
- Sale Options
It is unusual for TLC to purchase land. The McHenry County Conservation District, a unit of local government, may be interested in acquiring your property if it fits into their countywide plan.
- Nature Preserve
Certain properties with especially unique natural resources present may qualify for dedication as Illinois State Nature Preserves.
- ACE: Agricultural Conservation Easements -