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§ 32-23-5-5 — Indiana Law | CourtGPT
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  4. Title 32 - Property/
  5. Article 23 - Conveyance of Property Interests Less Than Fee Simple/
  6. Chapter 5 - Uniform Conservation Easement Act32-23-5-1. Application and Construction of Chapter/
  7. § 32-23-5-5
Indiana Legal Code

§ 32-23-5-5

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(a) Except as otherwise provided in this chapter, a conservation easement may be:(1) created;(2) conveyed;(3) recorded;(4) assigned;(5) released;(6) modified;(7) terminated; or(8) otherwise altered or affected;in the same manner as other easements.(b) A right or duty in favor of or against a holder and a right in favor of a person having a third party right of enforcement does not arise under a conservation easement before the conservation easement is accepted by the holder and the acceptance is recorded.(c) Except as provided in section 6(b) of this chapter, a conservation easement is unlimited in duration unless the instrument creating the conservation easement provides otherwise.(d) An interest in real property is not impaired by a conservation easement if the interest exists at the time the conservation easement is created, unless the owner of the interest is a party to the conservation easement or consents to the conservation easement.[Pre-2002 Recodification Citation: 32-5-2.6-2.]As added by P.L.2-2002, SEC.8.