While community land trusts (CLTs) can simply buy property at going market rates, there are other, less costly paths to property ownership. For example, CLTs frequently seek gifts or donations of property from private citizens, companies, and government organizations. In addition, CLTs can benefit from what is known as a bargain sale, where the CLT pays a portion of the fair market value (FMV) of the property and the seller writes off the unpaid portion of the value as a tax deduction.