Conservation transactions may involve substantial planning and execution costs. Some of those expenses clearly benefit one or the other party to the transaction. Who benefits from other expenses may be quite ambiguous. Accurate assignment of financial responsibility for these various transactional expenses has both economic and tax consequences for the landowner as well as implications for the conservation organization. 4 pp.
Year: 2011
Author(s): Bill Hutton
Topic tags: Conservation Easements
Related guides: Donation Agreements