Transferring ownership to GBLT
"The property which I donated to the Land Trust was purchased many years ago. After some development into private cottage lots, which created much discourse and opposing factions on the lake, Mr. Wally King contacted me with the suggestion of donating the property to the GBLT in order to preserve the property in its natural state for future generations. Upon considering his suggestion we agreed to donate this significant property to the Georgian Bay Land Trust knowing that it would be protected forever."
Transferring your Georgian Bay land
There are a number of ways to transfer your land to the Georgian Bay Land Trust for management and preservation.
Fee Simple Donation
The easiest of these is a Fee Simple Donation. Title of a property or portions of a property are transferred from the landowner to the GBLT.
Sale or Partnership Sale
In exceptional circumstances, the GBLT will purchase a property either at or below (Partnership Sale) the appraised Fair Market Value. This occurs very rarely, and only in instance where the land is of such environmental or other importance as to require immediate protection and where all other options have been exhausted.
Life Estate
A landowner can also reserve a 'life estate' as part of a donation or sale. This allows the landowner or a family member to continue to live on the property until their death or the death of the family member.
Stewardship under land transfer
If a property is transferred to the GBLT the ongoing management of the property is the responsibility of the GBLT. For all properties owned by GBLT, a management plan is created and updated on a five-year basis. This management plan helps guide stewardship activities focused on ensuring that the property’s natural and cultural values are protected in perpetuity.
For complete details, please contact our Executive Director Mark Carabetta.
The Georgian Bay Land Trust seeks to preserve the unique archipelago and the adjacent water bodies which lie along the eastern shore and North Channel of Georgian Bay that are of ecological, geological and historical importance, and to promote the appreciation of this special area.