Buying or Selling a Conservation Covenant Property

• A conservation covenant is a legally binding agreement attached to the title of a prope​rty.

• The covenant continues with the sale of a property.

• Conservation covenant land is eligible for land tax exemption. Further details available on the State Revenue Office Tasmania

• A covenant exists because the property has recognised natural values that a previous owner chose to protect long term.

• There may be restrictions on some activities (for example, firewood collection or grazing) to protect habitat for Tasmania’s unique flora and fauna.

• In some circumstances, changes to the Nature Conservation Plan may be agreed, but changes that may threaten the natural values will not be approved.

• ​​​Make sure your real estate agent and lawyer/conveyancer know there is a conservation covenant on title.
  

​Provide clear information to buyers

Buyers should be made aware of:

• The covenant deed (the legal agreement on title)

• T​he Nature Conservation Plan/Operations Plan (the practical management guide)

Reach out

• With the vendor’s permission, the program may provide a copy of the Nature Conservation Plan/Operations Plan to an agent or prospective buyer.

Use the co​​​venant as a strength (where appropriate)

• ​A covenant may appeal to purchasers who value living in nature.

• Review the covenant agreement

• Read the Nature Conservation Plan

• Seek advice if unsure about permitted activities​
  

• What activities are restricted within the covenant area?

• What management actions are expected (for example, weed control or pest animal control)?

• Are there any known current issues (weeds, deer, erosion, access)?

• Who do I contact if I want to change a management approach?​
  
  

• An overview of the covenant

• Management advice

• Clarification of activities

Photo: Private Land Conservation Program​