Every conservation easement is different and tailored to the landowner and land, but this sample easement contract from New York by the Watershed Agricultural Council gives you an idea of what a “typical ” easement contract includes.
Because every easement is different, it’s helpful to look at a couple contract examples. This sample easement contract from West Virginia was developed by the Natural Resources Conservation Service, or NRCS, a federal agency.
Conservation easements have tax implications, such as possible charitable deductions, income tax credits, and reduced property and estate taxes. Review your potential easement with a tax accountant to ensure you get the best tax treatment and that you’re prepared in case of an audit.