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A repayment provision won’t nix a conservation easement, the Tax Court says. A farm business sold easements on its ranch to a conservation organization for less than market value. The donee got funding from three government agencies to buy the easements, but the deeds provided that if the land were to be condemned, the donee had to use the condemnation proceeds to repay the agencies. Nevertheless, the Tax Court OK’d the charitable deduction for the bargain element of the donation because the conservation easement would still be in force.