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Attoraey-aent PiivgCgod <br />Under the bepartmeat's rogulations, cited a6ave, a state or Iocal gcnrcrnmsnt cr a <br />nanprofit iuasticudoaa may purr,hase lauds for tLc purpom of the Caapemtive Agstiament, <br />citber t.hrougb a coopcra#ive agrcemcuc with, or using s? grant awardcd by the Saxvix vr <br />the Burean. For cxanaple, the Buaesu aasy require that any recordcd dccd to prope:ty <br />aoquircd ia wLala ox ia part witL fedeYal fimds ovntain appropriate natice that ?YSe aad <br />dispasitian requiremants aPpIY. 'Y'be Bwe4w may also requim that the c;onvayance of <br />tit3e includs oonveysncx af an executory interest in the Bureau'a nsmc, such that Eull title <br />is transfierred to the Buzeau if the purchasex or its successor fauls w u,sc tbc pmpertY iua a <br />maweir consistcnt with the purposes af the Coopcrarive, A.gree,aaent. if the graat ar <br />coopera#iva agrcramGnt rcquircs tbis approach ta e,asare oompliancc with the Program, <br />wc recnmme,nd that the grsnt or agrceuacut also specify the conditioas that woWd triggar <br />title vGSting in the Burem <br />b. Conservs#ton Eascmettts <br />Mast stat,es recagnize by statutc the ust of "caopservatian easeu3emts" im which the <br />puxchaser exchanges Payma,nt for rccordcd assnraacos that a laadowner will not fiuther <br />dovelop, or will r.nd uscs of, the dcsipated lnnd in a maunor aot compatibie with <br />conservation valuer. ILere may also be tex benc.fits for either nr both partics tb the <br />txaasactian tha# accowpany use of canstnration aasaments. Co.nscrvatiou caseme,nts are <br />a less expensiva form of PropcrtY iuterest tbaa full title, bat require mnnitcarirxg aad <br />enforccmant to e'nsura that the terms ot the agreement sre im.plcmmt,ed. If an <br />easement is of short dnration, costs, anciading traasactional oosts, may bc <br />dispzoportiouate to the value- of tlsa custment. Tht besic elements of a conservateon <br />oassrnent iaclnde the faIlowing; <br />Description of the property and its eavironmental oonditians <br />* 5tatemeat of pvrpose <br />* Agrccmcnt by the ownor to ccmduct aa environmental sssessmeat designel ta <br />idcntify prablems ax cazidxtians that wavid aff,ect thc purpasG af the agreeme,nt <br />* A statcd liznita6an on the owner's right to deveit+p or alter the land, and a <br />description of allowable land uscs and practicxs • <br />* Agrumeat by the owacr to mgnage the land according to certain stgndards <br />* Rigbt af acoe.gs granted ta the holdcr of the cascment or its designec sa that <br />oompliance with the agrtement can be monitorcd <br />5