Validity of conservation easements

Sec. 7. A conservation easement is valid even though: (1) the conservation easement is not appurtenant to an interest in real property; (2) the conservation easement can be or has been assigned to another holder; (3) the conservation easement is not of a character that has been recognized traditionally at common law; (4) the conservation easement imposes a negative burden; (5) the conservation easement imposes affirmative obligations upon the owner of an interest in the burdened property or upon the holder; (6) the benefit does not touch or concern real property; or (7) there is no privity of estate or of contract. [Pre-2002 Recodification Citation: 32-5-2.6-4.] As added by P.L.2-2002, SEC.8.