Land Use & Zoning

In Texas, a conservation easement held by a land trust allows a property owner to:

ASell their land tax-free
BRestrict future development while potentially receiving a tax deduction for the charitable gift of development rights✓ Correct
CExempt the land from all property taxes permanently
DTransfer the land to state ownership

Explanation

A conservation easement is a voluntary legal agreement that restricts development of a property for conservation purposes. The landowner may receive a federal income tax deduction for donating the development rights and reduced estate taxes.

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