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:

    The impersonal insensitive friendliness which takes the place of ceremony in that land of waifs and strays.
    Evelyn Waugh (1903–1966)

    We have been educated to such a fine—or dull—point that we are incapable of enjoying something new, something different, until we are first told what it’s all about. We don’t trust our five senses; we rely on our critics and educators, all of whom are failures in the realm of creation. In short, the blind lead the blind. It’s the democratic way.
    Henry Miller (1891–1980)