Fee Simple Property
A Fee Simple agreement is absolute title to land, free of any other claims against the title, which one can sell or pass to another by will or inheritance. This is a redundant form of “fee,” but is used to show the fee (absolute title) is not a “conditional fee,” or “determinable fee,” or “fee tail.” Like “fee” it is often used in deeds transferring title as in “Boise Cascade Corp. grants to The Idaho Foundation for Parks and Lands title in fee simple…” or similar words.
This is a true gift, donation or sale of the ownership of a property.
A Conservation Easement (or conservation agreement) is a voluntary and legal contract between a landowner and a land trust or government agency that permanently specifies limits uses of the land in order to protect its conversation values. It allows a landowner to continue to own, use, sell, or pass land onto their heirs.
A Conservation Easement allows a land owner to continue use of the land for a specific purpose but transfers the right of development, other uses, or other specific rights to a Land Trust, forever.
Can I make money from conserving or donating my property ?
No. Donation of property or rights, such as a conservation easement is not intended as a tool to make money by a land owner. There are tax deductions that are associate with donations. Land Trusts will work with land owner to advise them in seeking professional legal and accounting assistance and with general information, which may reduce total tax payments by an individual, corporation or trust. But, conservation is done primarily by concerned individuals and families that have a sense of obligation to their heritage or environment.