Getting Ready for Your State of New York Takeout

Is your land trust preparing to sell the land you protect to an agency of the state of New York? Unlike other transactions, when working with New York state agencies, such as the Department of Environmental Conservation (NYSDEC) or the Office of Parks, Recreation and Historic Preservation (OPRHP), there are things you can do in your initial due diligence which will enable a successful transaction when it is time for takeout. In this Lunch and Learn, Jamie Brown, New York program manager for the Land Trust Alliance and Brad Burns, staff attorney at the Open Space Institute will help you understand the complexities that come with selling land to the state of New York and help create a smoother sale.  

Here's a look at what we'll cover: 

• Why the standards are higher for title transactions through the state compared to purchasing land from a private owner.   

• Special instructions to provide your surveyor and title searcher when starting your due diligence. 

• Provide a step-by-step guide to ready your land trust for the types of documentation needed for selling land to the state of New York.  

• How the state reviews title transactions and how to troubleshoot problems that might occur during the review process.