A conservation easement is valid even though:

1. (1) the conservation easement is not appurtenant to an interest in real property;
2. (2) the conservation easement can be or has been assigned to another holder;
3. (3) the conservation easement is not of a character that has been recognized traditionally at common law;
4. (4) the conservation easement imposes a negative burden;
5. (5) the conservation easement imposes affirmative obligations upon the owner of an interest in the burdened property or upon the holder;
6. (6) the benefit does not touch or concern real property; or

7. (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.