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And, surprisingly, one way to beat the heat may involve a unique land protection vehicle known as a conservation easement. While these 8 sustainability trends drive the commercial real estate industry , the importance of a conservation easement cannot be underscored. Here, we explore conservation easements pros and cons.
The importance of a fully modern open space preservation vehicle – a conservation easement in Ohio – cannot be better summarized than by our 26th President. Theodore Roosevelt, one of the nation’s original land protectionists, embodied the power and beauty of a conservation easement in the following quote: “Here is your country.
With the advancements in technology, finding homes online has become easy and straightforward. However, this shift risks significant repercussions, particularly for buyers with limited capital. Many buyers, especially first-timers , might find themselves unable to afford representation, potentially foregoing it altogether.
Consider the grantor’s position when considering a disbursement for a mixed-use development, conservation easement, or specialty use property. As economics, finance, law, and technology change, The Robert Weiler Company stays on top of the CRE trends.
” “I have a life long time in agriculture and worked at a title company, giving me a good understanding of legal descriptions and easements.” Also, I have appraised multiple airports and done various easement studies for research.” ” “Background in landscape architecture and real estate sales.”
In 2007, he started appraising conservation easements, which are specified areas of land earmarked for environmental conservation. Owners with conservation easements can claim an income tax deduction. Conservation easement appraisals are a definite risk for appraisers. They are not easy to do.
Valuing Appraiser Professionalism: A Blueprint for Survival By Jo Traut, McKissock Learning Excerpts: Having spent nearly three decades in the field of real estate appraisal, I’ve witnessed firsthand the evolution of our profession, particularly with respect to technological advancements. This phenomenon isn’t unique to our discipline.
On the east side [of Austin], a lot of our homes get sold to younger people in the technology market. What are the easements on the lot? So I would tend to stick with the high end finishes. Knowing what your buyer pool is looking for is important. There’s a lot of things that I do that I’m not going to change.”. [00:13:16]
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