58-3813. Same; validity of conservation easement.

58-3813

Chapter 58.--PERSONAL AND REAL PROPERTY Part 6.--MISCELLANEOUS PROVISIONS Article 38.--EASEMENTS

      58-3813.   Same; validity of conservation easement.A conservation easement is valid even though:

      (a)   It is not appurtenant to an interest in real property;

      (b)   it can be or has been assigned to another holder;

      (c)   it is not of a character that has been recognized traditionally atcommon law;

      (d)   it imposes a negative burden;

      (e)   it imposes affirmative obligations upon the owner of an interest in theburdened property or upon the holder;

      (f)   the benefit does not touch or concern real property; or

      (g)   there is no privity of estate or of contract.

      History:   L. 1992, ch. 302, § 14; July 1.