This section contains 1,631 words (approx. 6 pages at 300 words per page) |
A land trust is a private, legally incorporated, nonprofit organization that works with property owners to protect open land through direct, voluntary land transactions. Land trusts come in many varieties, but their intent is consistent. Land trusts are developed for the purpose of holding land against a development plan until the public interest can be ascertained and served. Some land trusts hold land open until public entities can purchase it. Some land trusts purchase land and manage it for the common good. In some cases land trusts buy development rights to preserve the land area for future generations while leaving the current use in the hands of private interests with written documentation as to how the land can be used. This same technique can be used to adjust land use so that some part of a parcel is preserved while another part of the same parcel...
This section contains 1,631 words (approx. 6 pages at 300 words per page) |