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:

    “O land of manure and mist, of dirty, cold rain.”
    —Petrus Augustus De Genestet (1829–1861)

    “Everyone realizes that one can believe little of what people say about each other. But it is not so widely realized that even less can one trust what people say about themselves.”
    —Rebecca West (1892–1983)