Land trust
Term · Law · MLC-T-LAW-002913
A private, non-profit organization that works to conserve land by acquiring and holding interests in real property, such as fee simple ownership or conservation easements. This entity protects natural, scenic, agricultural, or historic land for public benefit. Land trusts operate under specific state laws governing their formation and activities.
| Identifier | MLC-T-LAW-002913 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-002913",
"term": "Land trust",
"field": "Law",
"definition": "A private, non-profit organization that works to conserve land by acquiring and holding interests in real property, such as fee simple ownership or conservation easements. This entity protects natural, scenic, agricultural, or historic land for public benefit. Land trusts operate under specific state laws governing their formation and activities.",
"url": "https://mlchart.com/terminology/law/land-trust/"
}
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