When a cedar and hardwood mix sits under a conservation easement, who actually controls the harvest timing
A 160 acre tract in the Ozarks with roughly half cedar and half mixed hardwood has a perpetual conservation easement held by a land trust. The easement permits selective harvest but requires a forestry management plan approved by the holder before any cutting begins. The current owner wants to sell, and the buyer is pricing the timber as a meaningful part of the value, but the approval process for the management plan has no stated timeline in the easement document itself. That gap is the one doing the most work in this deal. If the land trust takes eighteen months to approve a plan, the buyer has a carrying cost problem and a timber market timing problem stacked on top of each other, and neither shows up in the per acre asking price. The cedar is mature enough that holding it longer does not improve the product meaningfully, so delay is not just an inconvenience, it is a quiet value drain. On the hardwood side the math is different, because those species do gain with another growth cycle, but the buyer cannot selectively trigger approval for one and not the other if the plan has to cover the whole tract. The question I keep turning over is whether a buyer in this situation should require an escrow holdback tied to a maximum approval window, or whether the cleaner move is to demand a pre-approved management plan as a condition to closing rather than a post-close obligation. What does the easement language actually say about the land trust's obligation to respond within any given period?