Landowner Info & FAQ
Why my property?
A number of developments have recently taken place or are projected to take place near your property and Eco Terra believes your property is an excellent candidate for creating mitigation credits to offset the negative impact. In return, you will be financially compensated, and water features on your land will be restored to their natural state. The restoration will not only make your property look better, but it will replace the function and value of similar natural resources impacted by infrastructure development. In addition, a conservation easement will be placed on the project area to ensure that the hydric features remain in their natural state in perpetuity, while still giving you full ownership of the land.
How much will I be compensated?
Compensation will vary depending on the size and scope of the project but can be significant for landowners. The compensation will be based on the number of acres of land that we ultimately need to utilize for the project and place under a conservation easement. Typically, compensation exceeds local market value on a $/acre basis and is ultimately determined by the results of our team’s assessment of your property.
Will the project affect my current land uses?
When evaluating your site, we will work with you to ensure that our project does not negatively impact any of your adjacent land uses. Furthermore, we will strive to ensure that breaks and crossings are established at key locations so you maintain complete access to your land. This area would be excluded from the conservation easement area and allow for passage across the property.
What is a conservation easement?
Only the project area will be placed under a conservation easement. The landowner still owns the land and gets to keep many private rights and privileges that he or she was previously accustomed to with one exception. Under this agreement, the landowner voluntarily forgoes the right to develop or subdivide the conservation easement area. A third party will hold the easement and enforce this voluntary agreement through routine monitoring.