PRACTICE

K. Extinguishment

In rare cases, it may be necessary to extinguish, or a court may order the extinguishment of, a conservation agreement in whole or in part. In these cases, the land trust notifies any project partners and works diligently to see that the extinguishment will not result in impermissible private benefit and to prevent a net loss of important conservation values or impairment of public confidence in the land trust or in conservation agreements. In addition, any extinguishment of a conservation agreement should only be completed in a manner consistent with any applicable provincial or federal legislation.