Document / Practical Pointer

Special Appraisal Bulletin for Southern Land Trusts

Posted 2022 Reviewed July 28, 2022
Source
Land Trust Alliance
About This Practical Pointer

Special Appraisal Bulletin for Southern Land Trusts and their Easement Donors: A number of appraisers in the southeast have based their appraisals of conservation easements on the prices paid for Wetland Reserve Program (WRP) easements. But we have seen a number of audits of easements in the southeast that reveal that the IRS views the use of WRP purchases to value a donated easement as problematic. IRS engineers assert that Wetland Reserve Program (WRP) easements are NOT comparable to donated easements.

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For accreditation-related materials, please also consult the Land Trust Accreditation Commission website.