Conservation Easement Deed
Conservation Easement Deed
I. Introduction
This Conservation Easement Deed ("Deed") is made and entered into on [Date], between [Your Name], hereinafter referred to as the "Grantor," residing at [Your Company Address], and [Grantee's Name], hereinafter referred to as the "Grantee," located at [Grantee's Address].
II. Recitals
A. Background
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The Grantor is the legal owner of the real property located at 123 Main Street, Springfield, Illinois, 62701, hereinafter referred to as the "Property."
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The Grantor desires to conserve and protect certain conservation values associated with the Property.
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The Grantee is a nonprofit organization focused on environmental conservation, dedicated to land conservation and stewardship.
III. Purpose of Conservation Easement
A. Conservation Objectives
The Grantor hereby grants a conservation easement on the Property to the Grantee to protect and preserve certain conservation values, including but not limited to:
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Wildlife habitat preservation
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Maintenance of scenic views
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Protection of water quality
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Conservation of agricultural land
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Preservation of historic resources
IV. Terms of Conservation Easement
A. Permitted and Prohibited Uses
The Grantor agrees to refrain from engaging in certain activities on the Property that would impair or degrade the conservation values protected by the conservation easement, including but not limited to:
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Subdivision
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Commercial development
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Logging
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Mining
The Grantor may continue to use the Property for certain activities consistent with the conservation objectives of the easement, including but not limited to:
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Farming
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Forestry
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Passive recreation
B. Enforcement and Monitoring
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The Grantee shall have the right to enter the Property periodically to monitor compliance with the terms of the conservation easement.
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The Grantee shall have the right to enforce the terms of the conservation easement through legal action in the event of any violation by the Grantor.
V. Duration and Termination
A. Duration
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The conservation easement shall be perpetual and binding upon the Grantor and all subsequent owners of the Property.
B. Termination
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The conservation easement may only be terminated by mutual agreement of the Grantor and the Grantee, subject to approval by any relevant regulatory authorities.
VI. Governing Law
This Deed shall be governed by and construed following the laws of [Jurisdiction].
VII. Execution
This Deed may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute the same instrument.
IN WITNESS WHEREOF, the parties have executed this Conservation Easement Deed as of the date first above written.
[Your Name]
[Date Signed]
[Grantee's Name]
[Date Signed]