Property Ownership
In New York, a 'conservation easement' held by a land trust or government agency:
AGives the holder the right to develop the property in accordance with conservation principles
BPermanently restricts development or other uses of the property to protect its conservation values, binding all future owners✓ Correct
CExpires after 25 years unless renewed
DCan be terminated by the current property owner unilaterally
Explanation
A conservation easement in New York is a perpetual, legally binding restriction on the use of a parcel that runs with the land and binds all future owners. The easement is held by a qualified organization (land trust or government) that has the right to enforce the restrictions.
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