TENURE ARRANGEMENTEXAMPLE ORGANIZATIONSADVANTAGESDISADVANTAGES
Fee SimpleCCHCDNIDurham CLTMadison Area CLTSawmill CLTSouthside CLTlong-term securitycost to acquire, property taxation, management obligations
Ground LeaseAthens Land TrustMadison Area CLTSouthside CLTlow-cost, high level of controllegal complexity, transaction costs
Deed RestrictionsMadison Area CLTlow-cost, ensures agricultural useenforceability
EasementMadison Area CLTlow-cost, ensures agricultural usetransaction costs