67A.841 Definitions for KRS 67A.840 to 67A.850 and KRS 91A.390.
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67A.841 Definitions for KRS 67A.840 to 67A.850 and KRS 91A.390.
As used in KRS 67A.840 to 67A.850 and KRS 91A.390, unless the context clearly <br>indicates otherwise: <br>(1) "Conservation easement" means an interest in land, less than fee simple, which
restricts or prevents the development or improvement of the land in the fashion <br>provided in the instrument of conveyance by which the easement is created;
(2) "Development right" means an interest in real property established under a purchase
of development rights program which is made severable from the parcel to which <br>the interest is appurtenant and which may be purchased as provided for in the <br>program; and
(3) "Purchase of development rights program" or "PDR program" or "program" means a
comprehensive program providing for the establishment and purchase of <br>development rights in accordance with the requirements of KRS 67A.840 to <br>67A.850 and KRS 91A.390.
Effective: July 15, 1998 <br>History: Created 1998 Ky. Acts ch. 372, sec. 2, effective July 15, 1998.
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