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 merely political aspect of the land is never very cheering; men are degraded when considered as the members of a political organization.”
    —Henry David Thoreau (1817–1862)

    “Never trust thine enemy: for like as iron rusteth, so is his wickedness. Though he humble himself and go crouching, yet take good heed and beware of him, and thou shalt be unto him as if thou hadst wiped a looking-glass, and thou shalt know that his rust hath not been altogether wiped away.”
    —Apocrypha. Ecclesiasticus 12:10-11.