A land exchange or land swap is the voluntary exchange of land between two parties, typically a private owner and a government. These parties may include farmers, estate owners, developers, nature organizations, and governments. [1] [2] [3] [4] Land swaps may also take place between two sovereign nations for practical, geographical, or economic reasons.
The exchange of land is undertaken for a variety of reasons, among them the conversion or rehabilitation of a parcel of land to nature [1] or to further the aims of real estate developers. Exchanges frequently present substantial challenges and risks to conservation efforts, particularly in safeguarding historic landscapes, as well as raising public access concerns for land that transitions from public to private ownership. [5] [6]
After the Netherlands designated the Dutch National Ecological Network, provincial governments in the country established programs offering financial and organizational assistance for the acquisition of agricultural land and its restoration to more natural habitats. [1]
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In the United States, a conservation easement is a power invested in a qualified land conservation organization called a "land trust", or a governmental entity to constrain, as to a specified land area, the exercise of rights otherwise held by a landowner so as to achieve certain conservation purposes. It is an interest in real property established by agreement between a landowner and land trust or unit of government. The conservation easement "runs with the land", meaning it is applicable to both present and future owners of the land. The grant of conservation easement, as with any real property interest, is part of the chain of title for the property and is normally recorded in local land records.
The Irvine Company LLC is an American private company focused on real estate development. It is headquartered in Newport Beach, California, with a large portion of its operations centered in and around Irvine, California, a planned city of more than 300,000 people mainly designed by the Irvine Company. The company was founded by the Irvine family and is currently wholly owned by Donald Bren.
A homeowner association is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents. HOAs are found principally in the United States, Canada, the Philippines, as well as some other countries. They are formed either ipso jure, or by a real estate developer for the purpose of marketing, managing, and selling homes and lots in a residential subdivision. The developer may transfer control of an HOA after selling a predetermined number of lots.
The Santa Monica Mountains Conservancy is an agency of the state of California in the United States founded in 1980 and dedicated to the acquisition of land for preservation as open space, for wildlife and California native plants habitat Nature Preserves, and for public recreation activities.
Sycamore Valley Ranch, formerly Neverland Ranch or Neverland Valley Ranch, is a developed property in Santa Barbara County, California, on the edge of Los Padres National Forest. From 1988 to 2005, it was the home and private amusement park of the American singer Michael Jackson. The ranch is about 5 miles (8 km) north of unincorporated Los Olivos, and about eight miles (13 km) north of the town of Santa Ynez.
The Baca National Wildlife Refuge is a 78,697-acre (31,848 ha) United States National Wildlife Refuge located in southern Colorado. It is within the Sangre de Cristo National Heritage Area.
The Santa Monica Mountains National Recreation Area is a United States national recreation area containing many individual parks and open space preserves, located primarily in the Santa Monica Mountains of Southern California. The SMMNRA is in the greater Los Angeles region, with two thirds of the parklands in northwest Los Angeles County, and the remaining third, including a Simi Hills extension, in southeastern Ventura County.
Debt-for-nature swaps are financial transactions in which a portion of a developing nation's foreign debt is forgiven in exchange for local investments in environmental conservation measures.
Conservation development, also known as conservation design, is a controlled-growth land use development that adopts the principle for allowing limited sustainable development while protecting the area's natural environmental features in perpetuity, including preserving open space landscape and vista, protecting farmland or natural habitats for wildlife, and maintaining the character of rural communities. A conservation development is usually defined as a project that dedicates a minimum of 50 percent of the total development parcel as open space. The management and ownership of the land are often formed by the partnership between private land owners, land-use conservation organizations and local government. It is a growing trend in many parts of the country, particularly in the Western United States. In the Eastern United States, conservation design has been promoted by some state and local governments as a technique to help preserve water quality.
Farmland preservation is a joint effort by non-governmental organizations and local governments to set aside and protect examples of a region's farmland for the use, education, and enjoyment of future generations. They are operated mostly at state and local levels by government agencies or private entities such as land trusts and are designed to limit conversion of agricultural land to other uses that otherwise might have been more financially attractive to the land owner. Through different government programs and policy enactments farmers are able to preserve their land for growing crops and raising livestock. Every state provides tax relief through differential (preferential) assessment. Easements are a popular approach and allow the farms to remain operational. Less common approaches include establishing agricultural districts, using zoning to protect agricultural land, purchasing development rights, and transferable development rights. It is often a part of regional planning and national historic preservation. Farmland preservation efforts have been taking place across the United States, such as in Virginia, Minnesota, Maryland, Florida, and Connecticut.
An easement is a nonpossessory right to use and/or enter onto the real property of another without possessing it. It is "best typified in the right of way which one landowner, A, may enjoy over the land of another, B". An easement is a property right and type of incorporeal property in itself at common law in most jurisdictions.
California Rangeland Trust is a conservation nonprofit organization founded in 1998. The Rangeland Trust claims to be the largest land trust in California, having conserved over 371,000 acres (1,500 km2) of rangeland on 90 ranches across 26 counties.
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property. Real estate development is different from construction or housebuilding, although many developers also manage the construction process or engage in housebuilding.
Friends of Seagate Inc. was founded in the late 1980s by Kafi Benz as a 501(c)(3) nonprofit organization in Sarasota, Florida. The historic preservation group lead local efforts protect historic property in the Sarasota-Bradenton area from commercial development. The group later expanded its scope to include environmental conservation. Its most notable project was the preservation of Seagate, the former home of Cincinnati, Ohio, industrialist Powel Crosley Jr. and his wife, Gwendolyn, and its later owners, Mabel and Freeman Horton. In 2002 the organization tried to secure Rus-in- Ur'be, an undeveloped parcel of land in the center of the Indian Beach Sapphire Shores neighborhood, as a local park; however, as of 2014, real estate developers intend to build condominium units at the site.
The Audubon Kern River Preserve is a riparian nature reserve owned by the National Audubon Society in the US state of California, near Weldon in Kern County.
Mount Carmel National Park is Israel's largest national park, extending over most of the Carmel mountain range and containing over 10,000 hectares of pine, eucalyptus, and cypress forest. The park has numerous bicycle and walking paths, dedicated nature reserves, and over 250 archaeological sites of prehistoric human habitations.
Red Rock State Park is a state park of Arizona, United States, featuring a red sandstone canyon outside the city of Sedona. The main mission of this day-use park is the preservation of the riparian habitat along Oak Creek. Red Rock State Park serves as an environmental education facility for the public and for school or private groups, and provides limited passive recreational opportunities.
The Trexler Nature Preserve is an 1,108-acre county park (448 ha) owned and maintained by Lehigh County in the Lehigh Valley region of Pennsylvania. The preserve is situated in Lowhill Township and North Whitehall Township and the land that comprises the preserve was originally purchased between 1901 and 1911 by local industrialist General Harry Clay Trexler.
The Big Sur Land Trust is a private 501(c)(3) non-profit located in Monterey, California, that has played an instrumental role in preserving land in California's Big Sur and Central Coast regions. The trust was the first to conceive of and use the "conservation buyer" method in 1989 by partnering with government and developers to offer tax benefits as an inducement to sell land at below-market rates. Since 1978, with the support of donors, funders and partners, it has conserved over 40,000 acres through conservation easements, acquisition and transfer of land to state, county and city agencies. It has placed conservation easements on 7,000 acres and has retained ownership of over 4,000 acres.
A street vacation, also known as an alley vacation or vacation of public access, is a type of easement in which a government transfers the right-of-way of a public street, highway or alley to a private property owner. The process, which varies between cities and states in the United States, is often used for large-scale real estate development, where alleys cutting through city blocks are closed for a large building. City laws may require public benefits and other types of compensation in exchange for the approval of a street vacation.
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