Due Diligence

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LCC is an accredited land trust and we apply a due diligence process to each and every land transaction.  The following is our most common process:

  1. Collect information on the potential property.  This includes landowner contact and familiarization, obtaining the GEMs score, mapping the property and finding its proximity to preserved lands, creating a preliminary natural resource list, and internal discussion.
  2. If the property fits into our criteria, the next step is a site visit.  This site visit is a joint LCC Land Protection and Stewardship effort. A more through natural resource inventory will be performed, photos will be taken, unique features will be GPS referenced, and a basic quality assessment will take place.  LCC will review the deed and conduct some preliminary title work.
  3. All the relevant information and maps are then presented to our Land Protection Committee for their review.  If the committee feels the property fits into LCCs plan, they will recommend to the Board of Directors that the property be acquired or we proceed with a Conservation Easement.
  4. The Board of Directors reviews the property and votes on whether to proceed.
  5. If the vote is a yes, LCC will obtain a signed purchase agreement or conservation easement agreement with the owner.  We will then start our due diligence.  If the project will be grant funded, LCC will also start the grant process at this time.

Please find some more information about our due diligence process in this LCC Due Diligence Document

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