Terms of the Easement
The foundation employs a uniform set of standards for
its easements and the guidelines to administer them. These are designed
to be consistent with federal, state and local preservation guidelines.
However, specific arrangements for each easement are developed to respond
to the circumstances of individual properties and their owners. The Foundation
works with potential donors to establish a description of the portion
of the property to be conveyed and defines the standards by which preservation
will be assured.
Preservation and conservation easements are accepted for buildings, structures
and sites having historic and scenic value. Easements are donated in perpetuity.
At the time of conveying the easement, the foundation also receives a
cash contribution, which assists in covering costs to monitor the gift.