Indiana Code 32-23-5-2. “Conservation easement”
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Sec. 2. As used in this chapter, “conservation easement” means a nonpossessory interest of a holder in real property that imposes limitations or affirmative obligations with the purpose of:
(2) assuring availability of the real property for agricultural, forest, recreational, or open space use;
(1) retaining or protecting natural, scenic, or open space values of real property;
Terms Used In Indiana Code 32-23-5-2
- holder: means any of the following:
Indiana Code 32-23-5-3
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- real property: include lands, tenements, and hereditaments. See Indiana Code 1-1-4-5
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(3) protecting natural resources;
(4) maintaining or enhancing air or water quality; or
(5) preserving the historical, architectural, archeological, or cultural aspects of real property.
[Pre-2002 Recodification Citation: 32-5-2.6-1 part.]
As added by P.L.2-2002, SEC.8.