Farm owners can receive tax benefits by entering into farmland easement agreements with charitable land trusts to protect their farms from urban sprawl and other types of non-agricultural development. Such benefits are intended to make farmland preservation achievable and affordable for farmers and private landowners who choose to make this part of their legacy, and their contribution to a sustainable future for food and farming.
File Type:
pdf
Categories:
Standard 9: Ensuring Sound Transactions
Tags:
Fact Sheet, Farmland, Financial & Tax Benefits, Practice 9E: Conservation Agreement Drafting
Author:
Ontario Farmland Trust