Eco Friendly Real Estate Blog

Here in Asheville, NC, we are green buyers' brokers specializing in large tracts of land.

This means that when it comes to due diligence often,we are busy following-up with various Closing Coordination details (septic/perc/diggers/power lines/ROW, etc.). In the process, we contact and get to know various surveyor's and other land-related professionals. 

Over the years, we have developed a very nice list of professionals. We always take time to explain to our eco-friendly Buyers- (and we feel that it  is important for Buyers to understand )- that they are well-served to interview at least three(3) professionals before hiring them to advise them on due diligence issues. We advise the Buyers to seek that advice from an Attorney.  

The other day, a case came up where there was a disputed boundary line.
We were happy to know that our clients sought the advice of his attorney who had recommended a new survey who wrote the following: 

"This contract is contingent upon Buyer's examination of the survey and right of way for ingress and egress, and upon Buyer's determination, in Buyer's sole discretion, that the said survey and right of way are suitable for Buyer's Intended Use of the Property, and that the acreage is at least the 21.24 acres represented by the Seller in the contract.."
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The Eco-Friendly Real Estate To Do List .The Eco-Steward Firm, ALL Eco-Certified® Real Estate Consultants!  Copyright © 2009 All Rights Reserved

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SO...having spent this weekend by a waterfall (see photo JT took ) on "forever wild" land adjacent to a conservation neighborhood our Asheville, N.C. real estate firm is getting to know...

 a number of questions about conservation easements popped up in my mind. . .22 to be exact...and there are probably some I haven't even thought of yet!  But here, as a REALTOR® (and as an interested party) is what I want review . . .

1. What is a conservation easement? 
2. What is a land trust or land conservancy? 
3. Why do landowners donate conservation easements?
4. What are the financial incentives for donating a conservation easement? 
5. What are the costs of a conservation easement?
6. How much is a conservation easement worth?
7. What types of land can be protected by a conservation easement?
8. Does a Land Conservancy accept all easement offers?
9. How long does a conservation easement last?
10. What are some disadvantages of donating a conservation easement?
11. Will a conservation easement grant public access to the property? 
12. Who actually owns land protected by conservation easement?
13. What types of uses are allowed by a conservation easement?
14. What types of uses are not allowed by a conservation easement? 
15. Who is responsible for maintenance and liability on a property protected by conservation easement?
16. Do other organizations accept conservation easements?
17. Can a conservation easement be donated by will?
18. Is land protected by conservation easement immune from condemnation?
19. How long will the easement design process take? 
20. Is the landowner ever obligated to proceed with a conservation easement?
21. What does a Land Conservancy gain from accepting a conservation easement?
22. Does a Land Conservancy charge a fee?
    
    

THOSE are the 22 questions....OH! and just one more...
Where to go for the answers?

Luckily for the Brokers at our Firm, the eco-developers of this conservation neighborhood are "‘salt-of-the-Earth"  folks.. Having spent many years in placing Land into conservation easements and understand all the in-and-outs of the process. More than that, they are generous in their time and energy. As we made our way to the waterfall (one of many adjacent to the conservation neighborhood) they talked about what it meant to them and how it happened that they placed this large acreage in a conservation easement.

For those ofo you who don't get to spend your weekends by waterfalls...or may be consdiering doing so....They also shared THIS LINK ... where those interested can find the answers .

By the way, landowners interested in learning more about managing their land in the Greater Asheville, NC area can participate in an educational event this summer (2008), when a team of land management experts from federal and state agencies, universities, and the private sector are coordinating efforts to offer the annual Woodland Owner Short Course through the Biltmore Forest School.

Will we see you there?. .or would you rather meet us by the waterfall (I'm smiling)

Copyright © 2008 All Rights Reserved  Asheville ECO Real Estate: Trends, Legacies & The Home Place   Subscribe to Greenolina's  "Green Wheels" BLOG and keep  those creative wheels a turnin'

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