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 first day that we landed upon that fatal shore
    The planters they came round us full twenty score or more,
    They rank’d us up like horses, and sold us out of hand
    Then yok’d us unto ploughs, my boys, to plow Van
    Dieman’s Land.”
    —Unknown. Van Dieman’s Land (l. 9–12)

    “It is an equal failing to trust everybody, and to trust nobody.”
    —18th-century English proverb.