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Land trusts also sell land to private buyers, usually with a strict conservation easement attached. Land trusts use many different tools in their protection efforts. Land trusts buy or accept donations of land in fee. This means that the landowner will sell fee simple interest to the land trust or will just give the land they own to an ...
The first organization to be labeled with the term 'community land trust' in the USA, called New Communities, Inc., was founded with the purpose of helping African-American farmers in the rural South to gain access to farmland, to work it cooperatively, and to have security in the single-family and multi-family housing they planned to build..
It is not unusual for an individual to serve as trustee alongside a bank trustee. Both individual and corporate trustees may charge fees for their services, [33] although individual trustees typically serve gratis when they are part of the settlor's family or the settlor him/herself. The term "co-trustee" may fool either the bank trust officer ...
Pages in category "Land trusts in the United States" The following 36 pages are in this category, out of 36 total. This list may not reflect recent changes. A.
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An Act to make new provision about trusts of land including provision phasing out the Settled Land Act 1925, abolishing the doctrine of conversion and otherwise amending the law about trusts for sale of land; to amend the law about the appointment and retirement of trustees of any trust; and for connected purposes. Citation: 1996 c. 47: Dates
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