A prospective buyer of eased land may want the owner of the land to provide them a guarantee that the easement holder won’t pursue claims against them for violations that predate their interest. A mortgage lender may want a guarantee that there are no violations that could jeopardize payback of their loan. This guide describes how a holder can responsibly provide sufficient assurance. It also provides background for WeConservePA’s Model Compliance Statement. WeConservePA guide. 3 pages.
https://library.weconservepa.org/guides/217
Year: 2024
Author(s): Justin Hollinger, Esq. and Andrew M. Loza
Organization/Source: WeConservePA (formerly Pennsylvania Land Trust Association)
Topic tags: Conservation Easements and Print Editions of WeConservePA Guides
Related guides: Estoppel Certificates, Compliance Statements, and Conservation Easements