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Managing Conservation Easements in Perpetuity - Environmental ...

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Chapter Two • Amendments<br />

Otis B. Driftwood: Now pay particular attention to this first clause because it’s most<br />

important. It says the, uh . . . “The party of the first part shall be known <strong>in</strong> this<br />

contract as the party of the first part.” How do you like that? That’s pretty neat,<br />

eh?<br />

Fiorello: No, that’s no good.<br />

Driftwood: What’s the matter with it?<br />

Fiorello: I dunno. Let’s hear it aga<strong>in</strong>.<br />

Driftwood: It says the, uh . . . “The party of the first part shall be known <strong>in</strong> this<br />

contract as the party of the first part.”<br />

Fiorello: That sounds a little better this time.<br />

Driftwood: Well, it grows on you. Would you like to hear it once more?<br />

Fiorello: Er . . . just the first part.<br />

Driftwood: What do you mean? The . . . the party of the first part?<br />

Fiorello: No, the first part of the party of the first part.<br />

Driftwood: All right. It says the, uh, “The first part of the party of the first part<br />

shall be known <strong>in</strong> this contract as the first part of the party of the first part shall be<br />

known <strong>in</strong> this contract . . .” look, why should we quarrel about a th<strong>in</strong>g like this?<br />

We’ll take it right out, eh?<br />

A Night at the Opera, 1935<br />

Practice 11I. Amendments.<br />

The land trust recognizes that amendments are not rout<strong>in</strong>e, but can serve to strengthen an<br />

easement or improve its enforceability.The land trust has a written policy or procedure guid<strong>in</strong>g<br />

amendment requests that: <strong>in</strong>cludes a prohibition aga<strong>in</strong>st private <strong>in</strong>urement and impermissible<br />

private benefit; requires compliance with the land trust’s conflict of <strong>in</strong>terest policy; requires<br />

compliance with any fund<strong>in</strong>g requirements; addresses the role of the board; and conta<strong>in</strong>s a<br />

requirement that all amendments result <strong>in</strong> either a positive or not less than neutral conservation<br />

outcome and are consistent with the organization’s mission.<br />

While easement amendments are not common, land trusts should expect to receive requests for<br />

amendments and may, <strong>in</strong> certa<strong>in</strong> circumstances, wish to <strong>in</strong>itiate an amendment to strengthen an<br />

easement or clarify language. Most land trusts, when faced with their first amendment request<br />

from a landowner, wish they had a policy to guide their actions. This practice encourages land<br />

trusts to develop an amendment policy to help ensure that amendments meet the mission of the<br />

organization and ma<strong>in</strong>ta<strong>in</strong> the land trust’s credibility. A policy should prohibit private <strong>in</strong>urement<br />

or excess private benefit, clarify board and staff roles, and ensure that all amendments<br />

result <strong>in</strong> either a positive, or not less than neutral conservation outcome. Many other standards<br />

are <strong>in</strong>volved <strong>in</strong> review<strong>in</strong>g amendment requests, <strong>in</strong>clud<strong>in</strong>g 1, 4, 6, 8, and 9, and practice 3F.<br />

— From the Background to the 2004 revisions of Land Trust Standards and Practices

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