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How a Qroe Farm Preservation Development
project helps you:
- Your land is studied to determine what areas should be set aside
for conservation.
- The conservation land is permanently protected by a deeded easement
system.
- Most of the land is kept in natural use.
- Through the sale of the land to the new homeowners, you retrieve
capital out of the land at full market rates, thereby eliminating
property debt service.
- Real estate tax liability is transferred to new homeowners.
Your tax bill is reduced or eliminated.
- The beauty and character of your land is protected forever.
Three ways to work with Qroe:
Direct Sale
Qroe Farm may purchase the property from you outright and carry out the Qroe Farm program itself. Sellers may elect to maintain life estates, or stay involved in farming and land management, or simply turn these functions over to Qroe. While this approach is the simplest way to ensure the future of your productive land, it introduces finance costs which generally require higher densities than joint ventures. Even in the case of a simple, direct sale, Qroe Farm Preservation Development, strongly prefers to maintain a close relationship and public support from the seller, from planning, through approvals and sales.
Development Participation
A variety of co-development scenarios are possible that enable the land-owner to participate in the project’s profits and direction, by deferring portions of the land acquisition proceeds. Generally, as lots are sold, the land owner receives in cash the full market value of the property as agreed upon at the beginning of the project. Once all project costs are repaid, the land owner also shares in the profit. A joint venture approach typically results in the most significant reductions in overall density and impacts.
Consulting
In some circumstances, Qroe Farm will study, entitle and develop the land and market it for you for a fee. You continue to own the land and reap the profit from the endeavor. You incur the expenses of development.
Contact Robert H. Baldwin for further information.
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