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TeachMeFinance.com - explain Land trust Land trust The term 'Land trust ' as it applies to the area of agriculture can be defined as ' A private nonprofit organization, under § 501 (c)(3) of the federal tax code, that may receive donations of money, property or development rights, and may use its assets to purchase property or development rights'. Previous 5 Terms: Land management services contracts land mobile service Land ownership Land retirement Land treatment Next 5 Terms: Land use Land use and development controls Land use plan Landfall Landfill About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.