Model Stewardship Funding Covenant with Commentary

The Model Stewardship Funding Covenant is a tool for making funding arrangements for conservation easement stewardship that are both affordable to landowners and adequate to cover the easement holder's stewardship expenses in the long run. With the model, landowners can stretch a financial commitment over time, either deferring their intended contributions to future dates respectful of their financial situation or extending payment obligations to future owners of the land. The model offers a variety of financial arrangements, from installment payments to private transfer fees, in support of conservation. Download and review both the model and the commentary.