Arkansas § 15-20-408 Validity

Arkansas Statutes

§ 15-20-408 — Validity

Arkansas·Title 15

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.

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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.

Arkansas § 15-20-408 (Validity) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.