Mitigation Banking Attorney
OVERVIEW
Understanding the Mitigation Banking Process
We respect the need to protect our unique and beautiful environment by various land preservation activities, while at the same time fostering appropriate economic development in local communities.
Mitigation banking in Florida has emerged as an extremely valuable and beneficial tool employed to balance conservation interests with wetlands mitigation requirements associated with new development projects. Economic and practical considerations have diminished the viability of traditional on-site mitigation, and off-site mitigation has become more of the rule than the exception in recent years.
Mitigation banks and the purchase of mitigation bank credits is a significantly effective and useful mechanism to satisfy off-site mitigation requirements precipitated by new development in both the private sector and public sector.
Let GCF Assist You with the Mitigation Banking Process
Our Vero Beach Real Estate Group attorneys provide legal representation and assistance in connection with all elements of organizing, permitting and administering mitigation banking projects. These services include the application and permitting process, entity organization, pre-project strategic tax and financial planning, the negotiation and grant of conservation easements, the closing of mitigation bank credit sale transactions, and implementation of required property restoration activities.
Our real estate attorneys are accustomed to coordinating with other professionals participating in mitigation banking administration, such as engineers, state and federal governmental agencies, environmental consultants, and mitigation bank credit marketing personnel. Our attorneys also function as closing agent and escrow agent in transactions involving the purchase and sale of mitigation bank credits, and we have created an excellent system to track credit inventory data and reporting to government agencies.
Want to learn more? Schedule your private consultation today.
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Gould Cooksey Fennell’s real estate practice enjoys wide recognition throughout the Treasure Coast. Our reputation is a reflection of years of service and commitment to the community. We stand prepared to efficiently address the broad needs of our sophisticated and dynamic client base.
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