A piece of land that has limited access to the public comes under the land trust. Land that needs conservation is under the ownership of the government or private party so that the resources are not hampered. Usually land used for agricultural purposes or wild-life conservation are owned in this manner. Land trust is either under a non-profit organization or one party holds its ownership for the benefits of another.
For the administration of the land monetary assistance is provided by the government with the help of grants or donations. The taxes attributed with these lands are lowered as it is not for commercial use.
A way of donating for these lands is through bargain sale. In a bargain sale the landowner sells the property to an organization at a lower rate than its actual worth. The remaining amount is considered a donation to the organization. Hence the donation may not be in tangible form but the organization saves money on its investments.
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