A legal agreement that protects privately owned forests or other property from development for a specified number of years is termed:

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A conservation easement is a legal agreement between a landowner and a land trust or government agency that permanently protects privately owned land from development or other activities that would harm its conservation values. It allows the landowner to continue using and owning the land, but places restrictions on its use to ensure its preservation.

A Legal Agreement That Protects Privately Owned Forests or Other