§ 10.1-1014. 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.
Except as otherwise provided in this chapter, a conservation easement may be created, conveyed, recorded, assigned, released, modified, terminated, or otherwise altered or affected in the same manner as other easements.
(1988, cc. 720, 891.)
Sections: Previous 10.1-1009 10.1-1010 10.1-1011 10.1-1012 10.1-1013 10.1-1014 10.1-1015 10.1-1016 NextLast modified: April 2, 2009