City of Dallas, Texas v. Hall
About This Legal Opinion
The District Court, in its opinion of October 24, 2007, held that the State lacked standing under the Texas Conservation Easement Act to challenge the conservation easement, as it did not have an interest in the easement or in the property encumbered by the easement.
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Belk v. Commissioner
The Tax Court held that the conservation easement was not a 'qualified real property interest' because the substitution provision allowed the grantor to change the protected property and thus the easement was not 'granted in perpetuity' under I.R.C. 170(h)(2)(C).
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