BROWSE

Land Trust

Definition

There are two distinct definitions of a land trust...

What is 'Land Trust'

A legal agreement where a trustee is appointed to maintain ownership of a piece of real property for the benefit of another party: namely, the beneficiary of the trust. Land trusts are used by several different types of organizations for several reasons; nonprofit entities use them to hold conservation easements, and corporations and investment groups use them to accumulate large portions of land.

Explaining 'Land Trust'

Corporations and other institutional buyers sometimes use these trusts to discreetly purchase large tracts of land so as to avoid publicity. Publicity could cause the price of further land purchases to increase and potentially disrupt the firm's plans for developing or profiting from the land. Individuals usually use land trusts for privacy and to avoid probate.


Further Reading


Wake up Fannie, I think I got something to say to you: financing community land trust homebuyers without stripping affordability provisions
heinonline.org [PDF]
… negotiate their community commitment within the larger political, social, and economic framework … In 1972, Robert Swann and other members of the Institute for Community Economics (ICE)29 outlined the CLT model in their book, Community Land Trust: A Guide to a New …

The community land trust as a highway environmental impact mitigation toolThe community land trust as a highway environmental impact mitigation tool
www.tandfonline.com [PDF]
… negotiate their community commitment within the larger political, social, and economic framework … In 1972, Robert Swann and other members of the Institute for Community Economics (ICE)29 outlined the CLT model in their book, Community Land Trust: A Guide to a New …

Assessing the intention of land trust representatives to collaborate with tourism entities to protect natural areasAssessing the intention of land trust representatives to collaborate with tourism entities to protect natural areas
www.tandfonline.com [PDF]
… negotiate their community commitment within the larger political, social, and economic framework … In 1972, Robert Swann and other members of the Institute for Community Economics (ICE)29 outlined the CLT model in their book, Community Land Trust: A Guide to a New …

Between boundaries: From commoning and guerrilla gardening to community land trust development in LiverpoolBetween boundaries: From commoning and guerrilla gardening to community land trust development in Liverpool
onlinelibrary.wiley.com [PDF]
… negotiate their community commitment within the larger political, social, and economic framework … In 1972, Robert Swann and other members of the Institute for Community Economics (ICE)29 outlined the CLT model in their book, Community Land Trust: A Guide to a New …

The Land Trust Without Land: The Unusual Structure of the Chicago Community Land TrustThe Land Trust Without Land: The Unusual Structure of the Chicago Community Land Trust
www.jstor.org [PDF]
… negotiate their community commitment within the larger political, social, and economic framework … In 1972, Robert Swann and other members of the Institute for Community Economics (ICE)29 outlined the CLT model in their book, Community Land Trust: A Guide to a New …

Research on the Feasibility of Rural Land Trust Circulation <span style=[J]' src='/thumbnails/?img=http%3A%2F%2Fen.cnki.com.cn%2FArticle_en%2FCJFDTotal-STJJ200801005.htm' />Research on the Feasibility of Rural Land Trust Circulation [J]
en.cnki.com.cn [[J]' href='https:/api.miniature.io/pdf?url=en.cnki.com.cn%2FArticle_en%2FCJFDTotal-STJJ200801005.htm'>PDF]
… negotiate their community commitment within the larger political, social, and economic framework … In 1972, Robert Swann and other members of the Institute for Community Economics (ICE)29 outlined the CLT model in their book, Community Land Trust: A Guide to a New …

Exploration on Trust System of Rural Land <span style=[J]' src='/thumbnails/?img=http%3A%2F%2Fen.cnki.com.cn%2FArticle_en%2FCJFDTotal-GZSF200505007.htm' />Exploration on Trust System of Rural Land [J]
en.cnki.com.cn [[J]' href='https:/api.miniature.io/pdf?url=en.cnki.com.cn%2FArticle_en%2FCJFDTotal-GZSF200505007.htm'>PDF]
… negotiate their community commitment within the larger political, social, and economic framework … In 1972, Robert Swann and other members of the Institute for Community Economics (ICE)29 outlined the CLT model in their book, Community Land Trust: A Guide to a New …

Forergn Rural Lond Trust: Current Situatron of Research and Review <span style=[J]' src='/thumbnails/?img=http%3A%2F%2Fen.cnki.com.cn%2FArticle_en%2FCJFDTotal-CLSJ200702002.htm' />Forergn Rural Lond Trust: Current Situatron of Research and Review [J]
en.cnki.com.cn [[J]' href='https:/api.miniature.io/pdf?url=en.cnki.com.cn%2FArticle_en%2FCJFDTotal-CLSJ200702002.htm'>PDF]
… negotiate their community commitment within the larger political, social, and economic framework … In 1972, Robert Swann and other members of the Institute for Community Economics (ICE)29 outlined the CLT model in their book, Community Land Trust: A Guide to a New …

The Burlington community land trust: A socialist approach to affordable housing?The Burlington community land trust: A socialist approach to affordable housing?
www.tandfonline.com [PDF]
… negotiate their community commitment within the larger political, social, and economic framework … In 1972, Robert Swann and other members of the Institute for Community Economics (ICE)29 outlined the CLT model in their book, Community Land Trust: A Guide to a New …



Q&A About Land Trust


What is a land trust?

A land trust is a legal agreement where a trustee maintains ownership of a piece of real property for the benefit of another party.

What are the three common types of land trusts?

The three common types of land trusts are distinguished by the ways in which they are legally structured and by the purposes for which they are organized and operated.

Are there different types of land trusts?

Yes, there are three common types of land trusts.

How do you distinguish between these three types of land trusts?

In the United States, the type of legal structure used to organize a particular type of trust determines whether it is considered a charitable or non-charitable entity for tax purposes. Non-charitable entities may be subject to taxation on their net income if they generate any profits from their activities. Charitable entities typically have no such obligation; however, donations made to them may be deductible as business expenses under certain circumstances.

How are land trusts used by nonprofits?

Land trusts are used to hold conservation easements.

Who can be the beneficiary of the trust?

The beneficiary can be anyone or any entity, including nonprofit organizations, corporations and investment groups.

How are land trusts used by corporations and investment groups?

Corporations and other institutional buyers sometimes use these trusts to discreetly purchase large tracts of land so as to avoid publicity. Publicity could cause the price of further land purchases to increase and potentially disrupt their plans for developing or profiting from the land.

Why do individuals use them?

Individuals usually use them for privacy and to avoid probate.