Ryan Crafter wrote:Honestly, I don't know what benefits and pitfalls exist in a land trust. The trust feels like something to work toward, I need something now.
Trustees are trusted to make decisions in the beneficiary's best interests and often have a fiduciary responsibility to the trust
Ryan Crafter wrote:Who knows, maybe at the end of this thread we'll have something solid people can use to spread permaculture to places we never dreamed were possible.
that's worth a shot! In my case the parcel of land I would be interested in (where my cabin and garden are located) would not have the sweet delicious spring running through it. Yikes! That's something I should have considered before building my cabin. I suppose drilling a well could be an option.
Perhaps the landowner might be open to a "lease to own" type agreement. Pay him x amount of money annually, and after a determined number of years or meeting the agreed terms for the value of the land, you take ownership of a predetermined and surveyed parcel of his tract. Maybe offer to pay the "closing costs" of the title company and filing of the new documents with the county etc. so it's as easy as possible for them.
that's certainly something I need to include in a lease. Yet, these things do very little to legally bind people to land in the long term. As I imagine... most permies would see their life's work as being invaluable, something they want their children's children to have access to. Maybe I'm just on some utopian pipe dream and the only real way to have legal rights to land in a permacurtural/multigenerational way is through ownership.
- Any changes to the land must have written approval by the owner.
- If any improvements are made to the land and the agreement is terminated, the person who made the improvements will be given fair market value for that investment by the farmer.
Ryan Crafter wrote: Maybe I'm just on some utopian pipe dream and the only real way to have legal rights to land in a permacurtural/multigenerational way is through ownership.
I had to make that kind of ultimatum this summer, but I got lucky that the deal worked out the way I wanted it to.