o p t i o n t o p u r c h a s e- m l t n(o p t i o n t o p u r c h s e - m l t n)(10页).docVIP
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o p t i o n t o p u r c h a s e- m l t n(o p t i o n t o p u r c h s e - m l t n)(10页)
Maine Coast Heritage Trust staff uses this document in its land conservation efforts.? It is designed for internal MCHT use, and is provided here as a reference or guide. Each land trust has its own mission, priorities, and organizational characteristics that should direct how it does its work and what documents it uses.? Please feel free to use the ideas, processes, and even specific text contained in this document, but be sure to tailor them for your organization.?? Land trusts should always use a lawyer knowledgeable in land transactions when working on a conservation easement or preserve acquisition. MCHT does not guarantee or provide advice as to the tax consequences of any project or action.
OPTION TO PURCHASE
A CONSERVATION EASEMENT
WE, (hereinafter referred to as the “GRANTORS” which word is intended to include, unless the context clearly indicates otherwise, the above-named Grantors jointly and severally, their personal representatives, heirs and assigns, and any successors in interest to _________ in _________, _________ County, Maine)
IN CONSIDERATION of _______ Dollars ($0000.00) and other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, and in consideration of the mutual covenants and agreements contained in this Option, hereby
GRANTS to MAINE COAST HERITAGE TRUST, a non-profit corporation organized under the laws of the State of Maine and having its mailing address at Bowdoin Mill, 1 Bowdoin Mill Island -Suite 201, Topsham, Maine 04086 (hereinafter referred to as “HOLDER”) and its successors and assigns, THE EXCLUSIVE RIGHT AND OPTION to purchase a perpetual CONSERVATION EASEMENT on the said ______, being the same premises conveyed to GRANTORS by the deed from__________, dated _________, and recorded in the __________County Registry of Deeds at Book ____, Page ___, as follows:
1. CONSERVATION EASEMENT. The CONSERVATION EASEMENT shall be substantially as set forth herein at Schedule 1, inc
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