Current through the 2024 Budget Session
Section 34-1-204 - Validity(a) A conservation easement is valid even though: (i) It is not appurtenant to an interest in real property; (ii) It can be or has been assigned to another holder; (iii) It is not of a character that has been recognized traditionally at common law; (iv) It imposes a negative burden; (v) It imposes affirmative obligations upon the owner of an interest in the burdened property or upon the holder; (vi) The benefit does not touch or concern the real property; or (vii) There is no privity of estate or of contract.