Validity

VALIDITY A conservation easement is valid even though: 1. It is not appurtenant to an interest in real property; 2. It can be or has been assigned to another holder; 3. It is not of a character that has been recognized traditionally at common law; 4. It imposes a negative burden; 5. It 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. Added by Laws 1999, c. 384, § 5, eff. Nov. 1, 1999.