Enhancing Conservation Options: An Argument for Statutory Recognition of Options to Purchase Conservation Easements (OPCEs).

7 Pages Posted: 19 Sep 2017 Last revised: 25 Jul 2018

See all articles by Federico Cheever

Federico Cheever

University of Denver Sturm College of Law (deceased)

Jessica Owley

University of Miami - School of Law

Date Written: August 11, 2017

Abstract

An abbreviated version of an article that earlier appeared in Harvard Environmental Law Review and reproduced as part of the Environmental Law and Policy Annual Review.

In this piece, we examine the potential increased use of real estate options as a mechanism for land conservation. In particular, we highlight how options to purchase conservation easements could serve as a tool responsive to climate change concerns. While options to purchase conservation easements (OPCEs) are already available in most states, we recommend statutory changes to confirm their enforceability and recommend that land trusts add this tool to their repertoire.

A brief tribute to Fred Cheever appears at the end of the piece.

Suggested Citation

Cheever, Federico and Owley, Jessica, Enhancing Conservation Options: An Argument for Statutory Recognition of Options to Purchase Conservation Easements (OPCEs). (August 11, 2017). Environmental Law Reporter, Vol. 47, No. 8, 2017. Available at SSRN: https://ssrn.com/abstract=3017112

Federico Cheever

University of Denver Sturm College of Law (deceased) ( email )

Jessica Owley (Contact Author)

University of Miami - School of Law ( email )

P.O. Box 248087
Coral Gables, FL 33146
United States

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