I've occasionally come across property with FDEP conservation easements which restrict what you can do with the property and grant the government the right enter the property for inspection at any time. Anybody know what the process is and odds are of getting an easement like that rescinded? I've seen rescinded FDEP deeds in public records so I believe it's possible to do so.
Replies
3
Beach Fanatic
Is there a particular easement you are wanting undone?
SoWal InsiderAuthor
Is there a particular easement you are wanting undone?
No, not at this time. I'm just curious how they effect the value of property for sale.
Beach Lover
A conservation easement is legally binding, whether the property is sold or passed on to heirs. Because use is permanently restricted, land subject to a conservation easement may be worth less on the open market than comparable unrestricted and developable parcels. Sometimes conservation easements will enable the landowner to qualify for tax benefits in compliance with Internal Revenue Service rules
Conservation Easements - What are Conservation Easements? Definition of Conservation Easements - Private Lands
Conservation Easements - What are Conservation Easements? Definition of Conservation Easements - Private Lands
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