Economic Analysis Shows Benefits Of Easements

The Trust for Public Land, a national land conservation organization and CCLT member, released a study in 2010 reporting that every $1 spent in Colorado protecting family farms and ranches by limiting development generates $6 in economic benefits for the state. The study, available here, was done by Jessica Sargent-Michaud, a staff economist with TPL. She analyzed the return generated by Colorado's investment in easements from 1995 to 2009.

This study was updated in 2014 by Erik Glenn, Executive Director of Colorado Cattlemen's Agricultural Land Trust and CCLT board member. By incorporating an additional five years of conservation successes into the dataset, he concludes Colorado receives $8 of economic benefit for every $1 of foregone revenue from conservation easement tax credits. Read the report here.

Guidance on Due Diligence and Stewardship Topics

From the Center of Excellence grant project in 2013.

About Due Diligence and Stewardship Guidance

Click on the topic links below for consolidated information on standards from the IRS, Treasury Regulations, Colorado Division of Real Estate, LTA Standards and Practices, and COSA Best Practices. Each topic document then offers guidance on what these standards mean to Colorado conservation professionals, with examples, clarifications, and considerations.

Due Diligence Topics:                       Stewardship Topics:
--Title Work                                           --Easement Monitoring and Landowner Relations
--Appraisals                                           --Enforcement of Easements
--Tax Forms                                           --Reserved and Permitted Rights
--Water Rights                                       --Amendments
--Mineral Assessments                          --Condemnation
--Environmental Site Assessments       --Funds for Stewardship and Enforcement
--Draft Conservation Easements
--Baseline Documentation Reports