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Ind. Code § 32-23-5-2

"Conservation easement"

As added by P.L.2-2002, SEC.8.

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:

(1) retaining or protecting natural, scenic, or open space values of real property;

(2) assuring availability of the real property for agricultural, forest, recreational, or open space use;

(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.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.