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:

    “When I have reached the shady underground
    With but sad hope of coming up again,
    I shall implore your ghost to hover round
    And guide me to a land of lucky men....”
    —Allen Tate (1899–1979)

    “And consequently when wee Believe that the Scriptures are the word of God, having no immediate revelation from God himself, our Belief, Faith, and Trust is in the Church; whose words we take, and acquiesce therein.”
    —Thomas Hobbes (1579–1688)