"Conservation easement"

Sec. 2. As used in this chapter, "conservation easement" means a nonpossessory interest of a holder in real property that imposes limitations or affirmative obligations with the purpose of: (1) retaining or protecting natural, scenic, or open space values of real property; (2) assuring availability of the real property for agricultural, forest, recreational, or open space use; (3) protecting natural resources; (4) maintaining or enhancing air or water quality; or (5) preserving the historical, architectural, archeological, or cultural aspects of real property. [Pre-2002 Recodification Citation: 32-5-2.6-1 part.] As added by P.L.2-2002, SEC.8.