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Managing Conservation Easements in Perpetuity - Environmental ...

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Land trusts may need to<br />

reth<strong>in</strong>k current fund<strong>in</strong>g mechanisms<br />

to ensure the long-term<br />

viability of their legal duty as<br />

stewards “forever.”<br />

314<br />

easement <strong>in</strong> this fund. Land trusts should not <strong>in</strong>itiate litigation<br />

without hav<strong>in</strong>g <strong>in</strong> hand the m<strong>in</strong>imum amount of money<br />

recommended to fully fund litigation or a credible plan to<br />

raise the necessary funds immediately.<br />

If a land trust lacks sufficient funds to fully fund an enforcement<br />

action, it needs a fundrais<strong>in</strong>g strategy and a board policy<br />

committ<strong>in</strong>g funds to this purpose.<br />

The Land Trust Alliance also found fairly consistent data regard<strong>in</strong>g<br />

the rate of litigated easement violations, and that the rate of litigated<br />

easement violations will likely <strong>in</strong>crease over time as more easements<br />

change hands. In mak<strong>in</strong>g its calculations, the Alliance def<strong>in</strong>ed a major<br />

violation as one that will cost the land trust more than $2,500 to<br />

resolve. For more <strong>in</strong>formation, see the research report, available on The<br />

Learn<strong>in</strong>g Center (http://learn<strong>in</strong>gcenter.lta.org/library).<br />

The results of the Alliance’s summer 2008 conservation defense<br />

<strong>in</strong>surance survey and the 2004 <strong>Conservation</strong> Easement Violation and<br />

Amendment Study both support these f<strong>in</strong>d<strong>in</strong>gs. Collectively, land trusts<br />

experienced a steady <strong>in</strong>crease <strong>in</strong> expenditures to enforce their easements.<br />

The overwhelm<strong>in</strong>g majority, 87 percent, reported that <strong>in</strong> the<br />

past five years they had experienced an <strong>in</strong>crease <strong>in</strong> their expenses, while<br />

only 12 percent said that enforcement expenses rema<strong>in</strong>ed unchanged.<br />

A s<strong>in</strong>gle land trust reported enforcement costs decreas<strong>in</strong>g <strong>in</strong> the same<br />

period and no land trust characterized their expenses as decreas<strong>in</strong>g<br />

rapidly.<br />

Of those land trusts report<strong>in</strong>g an <strong>in</strong>crease <strong>in</strong> expenses, 44 percent <strong>in</strong>dicated<br />

f<strong>in</strong>ancial resources expended to enforce conservation easements<br />

have rapidly <strong>in</strong>creased. Thus, land trusts may need to reth<strong>in</strong>k current<br />

fund<strong>in</strong>g mechanisms to ensure the long-term viability of their legal<br />

duty as stewards “forever.”<br />

Although these expenses are extremely difficult to predict, the Land<br />

Trust Alliance has attempted to evaluate the rate of litigated violations<br />

and their projected costs so that land trusts can better prepare for these<br />

events. Many land trust practitioners agree that the violation rate will<br />

most likely <strong>in</strong>crease, especially as easement lands change hands and as<br />

land trusts beg<strong>in</strong> to visit conserved land more regularly and become<br />

more experienced <strong>in</strong> identify<strong>in</strong>g violations.<br />

<strong>Manag<strong>in</strong>g</strong> <strong>Conservation</strong> <strong>Easements</strong> <strong>in</strong> <strong>Perpetuity</strong>

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