Conserve shoreland and protect water quality while still owning your land
Your land is important to you and has a unique character and history. As a landowner, you can be compensated for permanently protecting your property with a conservation easement.
The Minnesota Land Trust is currently accepting applications to participate in the Lakes of Outstanding Biological Significance Program, a conservation initiative to permanently protect high quality lakes in northeast Minnesota.
This brochure will help you decide if the program is right for you. Inside, there is information about the program, conservation easements, project selection criteria, and an application.
- Protect Minnesota’s important wildlife habitat, water quality, and beautiful open spaces
- Receive tax incentives or other compensation for a permanent conservation easement on your wetlands and their surrounding natural lands
- Preserve your family’s legacy on the land
- Join a community of landowners who steward over tens of thousands acres of important Minnesota places
What is a Conservation Easement?
The Minnesota Land Trust is seeking landowners interested in securing a lasting legacy for their lands through conservation easements.
Conservation easements are voluntary agreements through which landowners agree to limit the future use and development of their property to permanently preserve its natural features.
Lands protected by a conservation easement remain in a landowner’s private ownership, with the landowner retaining the right to use and manage the land in line with the terms of the easement. Public access is not required.
When the land is transferred to a new owner, the easement stays with the land ensuring it is permanently preserved for generations to come.
Each conservation easement completed by the Minnesota Land Trust is individually crafted to reflect the special characteristics of the land and its uses. However, certain restrictions are required to protect the natural habitat and associated species.
Easement Value and Compensation
On your application, you must specify a desired payment amount per acre. The amount you choose may affect whether your project is ranked and if it is ultimately chosen.
Applications to the program will be ranked on both the ecological value of the land to be protected and the payment amount desired. Indicating a lower desired payment per acre may result in a higher application rank. The Land Trust will evaluate all applications received and make selections from them.
If your application is selected, the Land Trust will use a certified appraiser to ascertain the value of the proposed conservation easement. This is done by determining the value of your land without the easement, and then the value of your land with the easement in place. The difference between the two is the easement value. The easement value ultimately stems from the property rights that have been restricted and the appraised value of those rights.
Upon finalizing the conservation easement, you would then receive a one-time payment for the amount indicated on this application, up to 100% of the appraised easement value. The Land Trust cannot pay more than the appraised value of the conservation easement.
The Minnesota Land Trust is a nonprofit organization and the donation of all or a part of a conservation easement may allow the landowner to claim a tax deduction. Please consult your attorney.
Requirements to apply
- Be located within the program area (see map). If uncertain, contact the Land Trust.
- Be at least 40 acres in size.
Deadline for priority consideration is July 31, 2022 – after which all applications will be reviewed, ranked, and prioritized.