March 31, 2016
Time:
2:00-3:30 p.m. Eastern
Instructor(s):
Laurel Florio
Cost:
$60
This is a beginner-intermediate level webinar.
Land trusts can face some tricky issues when acquiring land or easements, so if you or your board worry that your promise of forever may come undone because of a technicality or that the IRS could come knocking and strain your relationship with landowners, this webinar is for you! Conservation attorney Laurel Florio will discuss due diligence for easement and fee-land transactions. In addition to an overview of what’s involved in title work, participants will learn strategies for keeping their land trusts out of trouble when:
- Paying above fair market value for land or easement
- Subordinating a mortgage to an easement (and what can happen if you don’t)
- Acquiring the underlying fee interest in a conservation easement (and possible merger of title)
- Acknowledging gifts of land or easements in donations and bargain sales
- Facing an inflated value in an IRS Form 8283
Tune in ready to discuss how to make your next acquisition a bit less stressful.