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Originally Posted by Gavia immer
What is the difference between "in trust", and "preserved in it's natural state and will remain so"? Is your association on Lake Winnipesaukee?
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In trust means that the control of the land is given to a board of trustees who are chartered with protecting the land but cannot sell it. I'm not sure why this is necessary, but I suspect it's for tax purposes. The end result is that it protects a large watershed area from ever being developed and that helps protect the lake we are on, and everything downstream (which includes Sebago Lake, Portland's drinking water).
We are not on Winnipesaukee, the property is in the lakes region of Maine. This is an area my wife and I fell in love with about 19 years ago, and spend a lot of time in. We plan to retire there eventually. It's a bit more laid back than the lakes region of NH and really close to some great skiing.