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.Acts 1983, No. 567, § 4; A.S.A. 1947, § 50-1204.
Arkansas Legal Code