Question about wetlands mitigation?

Question

If somebody wants to buy a piece of land and get it permitted as a Wetlands Mitigation property, what has to happen?

Does this property already need the trees planted and grown on it? Is it up to the owner to grow/transplant trees ahead of time if they weren't present when they bought it? Does the developer (whoever buys the mitigation credit) pay for the planting/transplanting of trees at the time they purchase the credits?

When searching for suitable parcels to be used as a mitigation bank, where should I look? Loopnet? MLS? Google?

Dan Dutch · Answer

I have 3.4 acres with stream frontage and some seasonal wetlands already . I want to sell credits for the land and then donate the property to a conservation group so they can maintain it and pay the taxes . Anyone with experience in this ? I paid 35,000 for the land 12 years ago . Just want my money back out of it

Jason J Liddiard · Answer

Hello, how did you make out with this? I have the opportunity to buy a Section of land and I am just learning about the mitigation thing. I’m hoping that I can make some money or at least do something good for the environment. 590 acres seems like a waste to just sit there when it can be used to help the environment or offset a developer trying to build in florida

Patrick Philip · Answer

Been doing a little research. I'm supposed to buy the parcel, then improve it (transplant trees), then get a permit to sell wetlands mitigation credits. So basically, as soon as I'm done selling all my credits, there's no money left in the project, and I still have to maintain it.