For Property Owners

Demolition is common practice in local real estate transactions. Historic preservation easements open the door to development incentives and tax deductibility.  In our community, these tools are new, and very few owners, realtors, or developers are aware of the benefits they offer. Under historic preservation easements, owners may be eligible for a federal income tax deduction for the value of the easement, and federal estate taxes may also be reduced.

Historic Designation

There are three different ways a property can be recognized for its historic significance. Each type of listing has a very different application process and incentives for which a successful listing may make you eligible.

1. Town of Jackson Historic Register
2. Teton County Historic Preservation Board List of Significant Historic Properties
3. National Register of Historic Places

The Teton County Historic Preservation Board is the community contact for these listings. To learn more or get assistance, contact them.

Teton Trust Easement Services

Easements are voluntary contracts between owners and the Trust. The contract documents the property owner’s desire to protect the historic character of the property in perpetuity.

Teton Trust for Historic Places provides four easement management services.

1. Easement contracts: We work with property owners to write and execute the easement contract.
2. Easement Monitoring and Documentation: Teton Trust monitors and documents the property’s integrity, maintenance, and historic features over time. The Trust also works with property owners who wish to make alterations, additions, or enhancements to the easement property, offering easement-compliant options before changes are made.
3. Determination: If changes have been made to the property that may be inconsistent with the easement agreement, the Teton Trust board serves as the agency to review changes and determine if the changes are a violation.
4. Stewardship: The Teton Trust works with property owners to correct any problems as indicated by both the easement contract and according to national preservation standards.

Most local easement contracts include monitoring and documentation only. Teton Trust for Historic Places is run by a board of directors with the experience and professional expertise appropriate for determination as well.

Our Work

The Teton Trust for Historic Places is guided by a commitment to thoughtful, collaborative, and community-centered preservation. We are actively working with property owners interested in preserving their properties in perpetuity, while stewarding our existing easements. Teton Trust also serves as the non-profit partner to the Teton County Historic Preservation Board.

The Future

The rate of development in our community is spurring the urgency of our work. Development tools included in the town and county’s historic preservation land development regulations are becoming more attractive as undeveloped private land dwindles. The pace of development combined with the complexity of historic preservation tools necessitates professional, timely programs and services.