A conservation easement is valid even though:

1. 1. It is not appurtenant to an interest in real property;
2. 2. It can be or has been assigned to another holder;
3. 3. It is not of a character that has been recognized traditionally as common law;
4. 4. It imposes a negative burden;
5. 5. It 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.

Laws 1999, SB 266, c. 384, § 5, eff. November 1, 1999.