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:

    ... anybody is as their land and air is. Anybody is as the sky is low or high, the air heavy or clear and anybody is as there is wind or no wind there. It is that which makes them and the arts they make and the work they do and the way they eat and the way they drink and the way they learn and everything.
    Gertrude Stein (1874–1946)

    I am absolutely sure that a lot of Daddy anger has more to do with unrealized dreams than with messy rooms. Trust me. You’re not really angry at your kids. You’re angry at somebody else, somebody who is a far less distinguished person than he dreamed of being.
    Hugh O’Neill (20th century)