Notice of claim; effect of failure to file on lease or easement
Sec. 3. (a) Failure to file the notice required under this chapter
does not bar:
(1) a lessor or the lessor's successor as a reversioner of the
lessor's right to possession on the expiration of any lease; or
(2) a lessee or the lessee's successor of the lessee's rights in and
to any lease.
(b) Failure to file the notice required under this chapter does not
bar or extinguish any easement, interest in the nature of an easement,
or any rights appurtenant to an easement granted, excepted, or
reserved by the instrument creating the easement or interest,
including any rights for future use, if the existence of the easement
or interest is evidenced by the location beneath, upon, or above any
part of the land described in the instrument of any pipe, valve, road,
wire, cable, conduit, duct, sewer, track, pole, tower, or other physical
facility and whether or not the existence of the facility is observable.
However, equitable restrictions or servitudes on the use of land are
not considered easements or interests in the nature of easements as
that phrase is used in this section.
As added by P.L.2-2002, SEC.5.
Last modified: May 24, 2006