Property Ownership
In Arizona, a 'conservation easement' held by a land trust or governmental entity:
ARequires the landowner to allow public access to the property
BRestricts the landowner's development rights in exchange for tax benefits, preserving natural resources, agricultural land, or scenic values in perpetuity✓ Correct
CAutomatically transfers to the state when the landowner dies
DIs only available for properties larger than 100 acres
Explanation
A conservation easement is a voluntary legal agreement between a landowner and a qualified organization that permanently limits development while the landowner retains ownership. In Arizona, conservation easements are used to protect desert habitat, agricultural land, and scenic areas. Landowners typically receive significant federal income tax deductions and possible estate tax benefits.
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