Buyers of conservation properties are becoming more sophisticated, but many are still unfamiliar with conservation easements. The fact that there are restrictions on the use of a property and the built-in relationship with the land trust or governmental entity tend to narrow the pool of interested buyers. On the other hand, some regional markets for special properties have seen little or no impact from the presence of a conservation easement. So the lesson here is to check with local brokers and land trusts to determine what the situation is in your area. |
