Sample for Practice 9H: Purchasing and Accepting Interest in Land
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About This Sample
This sample policy provides a comprehensive framework for land trusts seeking guidance on evaluating, purchasing or accepting donated land or conservation easements in alignment with best practices. It outlines clear criteria for determining whether a project supports organizational mission goals, establishes standards for obtaining independent appraisals or professional value opinions, and details procedures for due diligence, landowner communication and internal review. The policy also demonstrates how to safeguard against private benefit, adhere to conflict‑of‑interest requirements, and structure decision‑making roles between staff, committees and boards. Land trusts can use this document as a model to strengthen their own acquisition policies and ensure transactions are ethical, transparent and mission‑driven.
Disclaimer
These resources are provided "as is" for informational purposes only, without warranty of any kind. They do not constitute legal or professional advice and do not create an attorney-client relationship. They may not reflect current legal developments and should be adapted for your organization with qualified professional help. The Alliance is not liable for any damages arising from use of or reliance on these resources. Views in individual posts and third-party links/logos are not Alliance endorsements. The Alliance is committed to equal opportunity and does not condone unlawful discrimination.
For accreditation-related materials, please also consult the Land Trust Accreditation Commission website.