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http://ssrn.com/abstract=1136963
 
 

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Condemning Conservation Easements: Protecting the Public Interest and Investment in Conservation


Nancy A. McLaughlin


University of Utah S.J. Quinney College of Law


UC Davis Law Review, Vol. 41, p. 1897, 2008

Abstract:     
The public is investing substantial financial and other resources in conservation easements and the conservation and historic values they protect. Yet little has been written about who should be entitled to what when land encumbered by a conservation easement is condemned in whole or in part. This Article explores these issues. It first demonstrates that conservation easements should constitute a compensable form of property for purposes of the Takings Clause of the Fifth Amendment. Then, using well-settled eminent domain valuation principles, it describes how just compensation should be calculated and apportioned between the holder of a conservation easement and the owner of the encumbered land upon the taking of all or any portion of the encumbered land. The Article explains that paying the economic value attributable to a conservation easement upon its condemnation to the owner of the encumbered land would confer an undue windfall benefit on the owner at the public's expense. The Article also explains that allowing condemning authorities to take easement-encumbered land without paying for the easement would have the perverse and counterproductive effect of making land protected for its conservation or historic values cheaper to condemn than similar unprotected land.

Number of Pages in PDF File: 71

Keywords: conservation easement, condemnation, eminent domain, valuation, appraisal, takings clause, just compensation

JEL Classification: K11, K32, Q15, Q24

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Date posted: May 25, 2008  

Suggested Citation

McLaughlin, Nancy A., Condemning Conservation Easements: Protecting the Public Interest and Investment in Conservation. UC Davis Law Review, Vol. 41, p. 1897, 2008. Available at SSRN: http://ssrn.com/abstract=1136963

Contact Information

Nancy A. McLaughlin (Contact Author)
University of Utah S.J. Quinney College of Law ( email )
332 South 1400 East, Rm 101
Salt Lake City, UT 84112-0730
United States
801-581-5944 (Phone)
801-581-6897 (Fax)

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