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§ 49.5. Validity

Oklahoma Statutes AnnotatedTitle 60. Property

Oklahoma Statutes Annotated
Title 60. Property (Refs & Annos)
Chapter 2. Estates in Real Property
Uniform Conservation Easement Act (Refs & Annos)
60 Okl.St.Ann. § 49.5
§ 49.5. Validity
Currentness
VALIDITY
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.

Credits

Laws 1999, c. 384, § 5, eff. Nov. 1, 1999.
60 Okl. St. Ann. § 49.5, OK ST T. 60 § 49.5
Current with emergency effective legislation through Chapter 125 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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