Summary Table

Tenure Arrangement

Example Organizations

Advantages

Disadvantages

Fee Simple CCHC, DNI, Durham CLT, Madison Area CLT, Sawmill CLT, Southside CLT long-term security cost to acquire, property taxation, management obligations
Ground Lease Athens Land Trust, Madison Area CLT, Southside CLT low-cost, high level of control legal complexity, transaction costs
Deed Restrictions Madison Area CLT low-cost, ensures agricultural use enforceability
Easement Madison Area CLT low-cost, ensures agricultural use transaction costs

 

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