1. Landowner contacts ORLT to begin discussion about possible project or to ask for more information.
2. ORLT staff meet with landowner on property to learn about landowner’s goals, intended future uses, the land’s conservation features, as well as provide information about ORLT, conservation easements (CE), and costs.
3. Staff present proposed project to ORLT Board for their approval
4. Approval letter sent to landowner that summarizes the conservation goals, permitted future uses, requirements, and the process.
5. When landowner is ready to begin, they provide the project fee, survey, and title report.
6. ORLT begins preparing the baseline documentation report (BDR) (requires a site visit) and CE.
7. ORLT sends draft CE and BDR to the landowner for review by them and their legal and financial advisors.
8. If property has a security deed, then landowner obtains mortgage subordination from lender.
9. If landowner is seeking a charitable deduction, then has property CE appraised by qualified appraiser.
10. ORLT Board approves final CE and authorizes chair to sign the documents.
11. Landowner and ORLT chair sign the CE and baseline, and the CE is recorded in the county where the land is located.
12. Landowner makes stewardship contribution to ORLT.
1. Project Fee covers the cost of preparing the CE and the BDR.
2. Stewardship contribution supports ORLT’s stewardship and enforcement responsibilities. Once a CE is signed, ORLT is responsible for upholding its terms forever. ORLT must monitor the CE annually and be prepared to enforce the CE, by legal means if necessary. Stewardship contributions are placed in a dedicated fund.
3. Possible additional costs to the landowner include: legal and financial advisor fees, title report/insurance, survey fee (if new one necessary), and appraisal fee.