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:

    Somewhere over the rainbow
    Way up high,
    There’s a land that I heard of
    Once in a lullaby.
    Yip Harburg (1898–1981)

    The tradition I cherish is the ideal this country was built upon, the concept of religious pluralism, of a plethora of opinions, of tolerance and not the jihad. Religious war, pooh. The war is between those who trust us to think and those who believe we must merely be led.
    Anna Quindlen (b. 1952)