What are the basic tax code requirements for an easement?
The federal and state governments provide tax incentives for easements given only for certain qualified purposes. To qualify as a charitable contribution, and thus to receive federal and state income tax reductions, he easement must be perpetual, must be made to a qualified donee, and must meet one or more of the conservation purposes set out in the federal tax code:
- Preservation of historically important land or buildings (generally, the property must be listed on or eligible for listing on the National Register of Historic Places
- Preservation of land for outdoor recreation or education
- Protection of relatively natural habitats for fish, wildlife, or plants
- Preservation of open space pursuant to a clearly delineated governmental policy.

Note: The complexities of the federal tax code and the applicable IRS regulations are not easily encapsulated in a short summary, so prospective easement grantors are strongly advised to seek the advice and assistance of an attorney with experience in such matters.

For more information, please call Historic Preservation at 301-952-3520.

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1. What is a preservation easement?
2. Who is required to grant an easement to the M-NCPPC?
3. What are M-NCPPC’s responsibilities?
4. How long does an easement last?
5. Why grant a preservation easement ?
6. What are the benefits to the general public in the award of historic property grants to individual owners?
7. How does an easement work?
8. What changes are allowed to my historic property?
9. Does the preservation easement take precedence over the county preservation ordinance?
10. Are we talking about the entire house and property?
11. Will the easement cover interior features as well as the exterior of the property?
12. How is the easement applicable if I use the grant award to purchase a historic property?
13. What is the financial value of the easement and how is it determined?
14. What document does a pro perty owner file to obtain the federal tax benefit?
15. What are my out-of-pocket costs in donating an easement?
16. What are the legal and real estate implications?
17. Are easements a well-proven idea?
18. What are the benefits of granting an easement?
19. Do typical non-cash charitable contributions rules apply to the donation of a preservation easement?
20. Must an easement require some type of public access?
21. What are the basic tax code requirements for an easement?