Land Trust

There are two distinct definitions of a land trust:

  • a private, nonprofit organization that, as all or part of its mission, actively works to conserve land by undertaking or assisting in land or conservation easement acquisition, or by its stewardship of such land or easements; or
  • an agreement whereby one party (the trustee) agrees to hold ownership of a piece of real property for the benefit of another party (the beneficiary).

Read more about Land Trust:  History

Famous quotes containing the words land and/or trust:

    “of you i
    sing: land of Abraham Lincoln and Lydia E. Pinkham,
    land above all of Just Add Hot Water And Serve—
    from every B. V. D.

    let freedom ring”
    —E.E. (Edward Estlin)

    “Morality is always the product of terror; its chains and strait-waistcoats are fashioned by those who dare not trust others, because they dare not trust themselves, to walk in liberty.”
    —Aldous Huxley (1894–1963)