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A08. When Perpetuity Isn't Static: Documenting Changes on Conservation Easements Friday, October 27 10:30 a.m. Noon Room 506 Session Faculty: Megan Knot Had Andersen Jacob Newell Mark Van Her Literally
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What is when perpetuity isnt static?
When perpetuity isn't static, it means that the value or duration of the perpetuity can change over time.
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Anyone who is involved in a perpetuity that isn't static may be required to file.
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When filling out information for a perpetuity that isn't static, it is important to include any changes or updates to the value or duration.
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The purpose of dealing with a perpetuity that isn't static is to accurately track any changes and ensure compliance with regulations.
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Information such as the updated value or duration of the perpetuity must be reported when it isn't static.
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