Property Ownership
In Colorado, a 'conservation easement' allows a landowner to:
AUse their property for any purpose without government regulation
BPermanently restrict development on their land while retaining ownership and receiving potential tax benefits✓ Correct
CTransfer water rights to a conservation organization
DExempt their property from all property taxes
Explanation
A conservation easement is a voluntary legal agreement where a landowner permanently limits uses of their property to protect its conservation values. The landowner retains title and may receive income tax deductions and estate tax benefits for the donated easement value.
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