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THE TRUST,}ar PUBLIC LAND <br /> C O N S E R V I N G L A N D F O R P E O P L E <br /> Conservation Transactions <br /> Protecting, Land for People <br /> How TPL Completes Transactions <br /> Che'1i•ust for Public. Land (TPL) acts as a principal ira land transactions and,as <br /> such,assumes the risks and costs associared mill buying.owning, and sell- <br /> '['he <br /> ell- <br /> .. .....::.lit � <br /> itrg land. TPL is not a broker,�agcnt,or guarantor for transactions h€tvveen other <br /> parties. <br /> Sometimes TPL acquires conservation casements and transfers them to public <br /> . lL ur ilalu IlEims <br /> ownership Lasenicnts restrict development of land while keeping it it] private <br /> ownership and preserving productive uses, such as farming and sustainable forestry. <br /> TPL conveys land or casrmcrnts to public agencies Far or below fair market value as <br /> established by an appraisal that strictly meets rlic agency's rcquir€menu. h► most <br /> The Trust for Public Land works transactions,TPI.does not charge the agency a fec for staff time or costs. As a <br /> with willing landowners to par- qualified 501(c)(;) public charity,TIT is supported by charitable donations. <br /> chase land for protection and <br /> Significant support comes 17-0111 donations of land value or cash from landowners <br /> who sell property to-I-I'L. <br /> then conveys the land to a public <br /> agency or land trust for long-term <br /> stewardship.To complete transac- <br /> tions TPL secures financing from Landowners appreciate working with CPL because as a private party,TPL can <br /> a wide variety of public and pri- move quickly.con fide ntially,and predictably. TPL structures transactions to meet <br /> vate sources. the financial and timing needs of landowners, TPL also provides expertise in tax <br /> benefits,appraisals, title issues. property surveys,and public agency proccclures. <br /> Working with Public Agencies <br /> Public agencies appreciate that TPL can often secure transaction funding and <br /> provide the extra staff financial expertise,and legal support needed to move <br /> quickly TPL coordinates due diligence to ensure that price and condition are <br /> acceptable. Whether acting as a principal in the transaction or not, TPL_rna},pro- <br /> Since 1972 TPL, has protected vide technical assistance in acquiring land in cases involving containinatcd sites or <br /> 2.2 million acres in 48 states. "brownfields". <br /> The Trust far Public Land <br /> conserves land for people to enjoy <br /> as parks,gardens,and other natural places, <br /> ensuring livable communities <br /> forgenerations to come. <br /> www.tpl.org <br />