Land Use & Zoning
In Montana, a 'conservation easement' on agricultural land typically:
ATransfers fee title to a conservation organization permanently
BRestricts development while the landowner retains fee ownership and farming rights✓ Correct
CRequires the land to be open to the public at all times
DOnly applies to federally owned land
Explanation
A conservation easement is a voluntary legal agreement where a landowner restricts certain uses of their land (typically development) in perpetuity to protect conservation values. The landowner retains fee ownership and can continue farming, ranching, or other compatible uses.
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Key Terms to Know
Easement
A non-possessory right to use another person's land for a specific purpose.
Adjustable-Rate Mortgage (ARM)A mortgage with an interest rate that changes periodically based on a financial index, usually after an initial fixed-rate period.
ZoningLocal government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
Adverse PossessionA doctrine by which a person can gain legal title to another's land by openly, continuously, and adversely occupying it for a statutory period.
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