This topic contains a solution. Click here to go to the answer

Author Question: What is a conservation easement? What will be an ideal response? ... (Read 82 times)

TVarnum

  • Hero Member
  • *****
  • Posts: 548
What is a conservation easement?
 
  What will be an ideal response?

Question 2

How are an easement in gross and an appurtenant easement similar? How are they different?
 
  What will be an ideal response?

Question 3

What is a covenant, and how are covenants most frequently used? How does a covenant differ from an easement?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bitingbit

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

Conservation easements are restrictions created for the specific purpose of land preservation programs. By offering favorable tax treatment or exemption from real estate taxes, the government encourages property owners to place their properties into land preservation programs.

Answer to Question 2

They are similar in that they both contain a dominant and servient estate. Both may also be sold or transferred. The primary differences between the two are that easements in gross have no particular parcel of land designated as the dominant estate; rather, there is an individual, company or the public at large that benefits from the easement. Easements in gross are typically created for commercial purposes, like a utility easement. In contrast an appurtenant easement has a particular property, usually adjoining that enjoys the benefit.

Answer to Question 3

Covenants are agreements between sellers and buyers of land and are usually related to the land. The most frequent use of covenants is in land development to control lot sizes.
Unlike an easement, a covenant applies to the entire parcel of land, not just some fraction of it.




TVarnum

  • Member
  • Posts: 548
Reply 2 on: Aug 3, 2018
Thanks for the timely response, appreciate it


TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

 

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

For a complete list of videos, visit our video library