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Buying and Selling Credits

Pine Barrens credits are tracked in a database (Pine Barrens Credit Transactions) from the date the credit certificate is first issued through its final redemption.  The Credit Clearinghouse Board also maintains a Pine Barrens credit registry that identifies potential buyers and sellers of credits in addition to letters of interpretation that are currently in effect.  The registry is updated on a monthly basis.

A Pine Barrens credit certificate is a document issued on behalf of the Commission which indicates the number of Pine Barrens credits to which the owner of a particular parcel of land is entitled.  This document also attests to the fact that the development rights of a particular parcel of land in the Central Pine Barrens have been severed from the land by the recording of a conservation easement, and that these rights are available for sale or use.