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:

    “It seems, just now,
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    For the first time I feel somehow
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    “I stretch lame hands of faith, and grope,
    And gather dust and chaff, and call
    To what I feel is Lord of all,
    And faintly trust the larger hope.”
    —Alfred Tennyson (1809–1892)