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 land is the appointed remedy for whatever is false and fantastic in our culture. The continent we inhabit is to be physic and food for our mind, as well as our body. The land, with its tranquilizing, sanative influences, is to repair the errors of a scholastic and traditional education, and bring us to just relations with men and things.
    Ralph Waldo Emerson (1803–1882)

    Quotations—always inexact. I don’t trust people who cannot even copy out.
    Jean Rostand (1894–1977)