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Chair - Chris West
Vice Chair - William Boortz
The Conservation Easement Oversight Commission (Commission) gives advice and recommendations to the Colorado Division of Real Estate (Division) on the certification of easement holders and appraisals of conservation easements. The Commision also reviews applications for tax credit certificates and optional preliminary advisory opinions. The Commission is comprised of nine members: three permanent members from state agencies with responsibilities for conservation and six members appointed by the Governor for three-year terms with specific experience requirements. Commission meetings are held at least quarterly and are open to the public.
Please note that the Division will begin conducting compliance reviews of certified conservation easement holders as part of their 2015 certification renewal process.
The purpose of the certification program is to establish minimum qualifications for non-profit land trusts and governmental entities (also called conservation easement holders) that accept conservation easements which generate a state income tax credit.
Once certified, the land trust or government entity may hold easements that generate conservation easement tax credits. Certification is not required to hold a conservation easement that does not result in a tax credit. Certified conservation easement holders are required to renew their certification each year and are subject to a compliance review every three years. This ensures that certified holders continue to meet the minimum requirements necessary to accept and steward conservation easements that are supported by the people of Colorado through the state income tax credit.
The Division is required to maintain an up-to-date listing of holders that have applied for certification along with the current status pursuant to section 12-61-720 (10) C.R.S.
The real estate manual contains all statutes, rules and position statements. The annual Real Estate Manual is a useful resource for any licensee.
Visit the Proposed and Revised Rules & Position Statements page to view proposed rules and get information on upcoming rulemaking hearing or download new rules and position statements that were recently adopted.
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