Land Use & Zoning
In Louisiana, a 'historic preservation easement' is a voluntary legal agreement in which a property owner:
ADonates ownership of their historic property to the state
BRestricts certain alterations or demolition of their historic property in perpetuity, often in exchange for tax benefits✓ Correct
CGrants the public access to their historic property
DAgrees to maintain their property in its current condition for 10 years
Explanation
A historic preservation easement (conservation easement for historic resources) is a voluntarily donated restriction on a property that prohibits alterations or demolition inconsistent with preservation standards. Owners typically receive federal income tax deductions and potentially other tax benefits for the donation.
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