Pecos River Open Spaces, Inc. v. County of San Miguel

Court of Appeals of New Mexico,No. 30,865, January 11, 2013: Open space conservation land owned by conservation nonprofit exempt from property tax.

In a case of first impression, the Appeals Court held that property owned by a conservation organization, subject to a conservation easement prohibiting all construction, for the purpose of open space conservation constitutes a “charitable [...]

NM governor signs bill for conservation easements

New Mexico Gov. Bill Richardson signed The Natural Heritage Conservation Act, SB 186. The Associated Press reported March 9, 2010, “[the] new law will allow the state to acquire conservation easements from farmers, ranchers and other landowners to ensure that the property is not developed.” The Act also establishes a fund that can attract federal [...]