Article 1 Definitions and Classifications 33-201 – 33-205
Article 2 Future Interests 33-221 – 33-240
Article 3 Perpetuities 33-261
Article 4 Conservation Easements 33-271 – 33-276

Terms Used In Arizona Laws > Title 33 > Chapter 2

  • Conservation easement: means a nonpossessory interest of a holder in real property imposing limitations or affirmative obligations for conservation purposes or to preserve the historical, architectural, archaeological or cultural aspects of real property. See Arizona Laws 33-271
  • Conservation purposes: means any of the following activities which yield a significant public benefit:

    (a) Preserving land areas for outdoor recreation by, or the education of, the general public. See Arizona Laws 33-271

  • Continuance: Putting off of a hearing ot trial until a later time.
  • Dependent: A person dependent for support upon another.
  • Devise: To gift property by will.
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • Germane: On the subject of the pending bill or other business; a strict standard of relevance.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Grantee: includes every person to whom an estate or interest in real property passes, in or by a deed. See Arizona Laws 1-215
  • Holder: means either:

    (a) A governmental body empowered to hold an interest in real property under the laws of this state or the United States. See Arizona Laws 33-271

  • Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Testator: A male person who leaves a will at death.
  • Third party right of enforcement: means a right granted in a conservation easement to enforce any of its terms granted to a governmental body, charitable corporation or charitable trust, which, although eligible to be a holder, is not a holder. See Arizona Laws 33-271