§476. Definitions

As used in this subchapter, unless the context otherwise indicates, the following terms have the following meanings.   [PL 1985, c. 395, §3 (NEW).]

1.  Conservation easement.  "Conservation easement" means a nonpossessory interest of a holder in real property imposing limitations or affirmative obligations the purposes of which include retaining or protecting natural, scenic or open space values of real property; assuring its availability for agricultural, forest, recreational or open space use; protecting natural resources; or maintaining or enhancing air or water quality of real property.

[PL 1985, c. 395, §3 (NEW).]

2.  Holder.  "Holder" means:

A. A governmental body empowered to hold an interest in real property under the laws of this State or the United States; or   [PL 1985, c. 395, §3 (NEW).]

B. A nonprofit corporation or charitable trust, the purposes or powers of which include retaining or protecting the natural, scenic or open space values of real property; assuring the availability of real property for agricultural, forest, recreational or open space use; protecting natural resources; or maintaining or enhancing air or water quality or preserving the historical, architectural, archaeological or cultural aspects of real property.   [PL 1985, c. 395, §3 (NEW).]

[PL 1985, c. 395, §3 (NEW).]

3.  Real property.  "Real property" includes without limitation surface waters.

[PL 2007, c. 412, §1 (AMD).]

4.  Third-party right of enforcement.  "Third-party right of enforcement" means a right provided in a conservation easement to enforce any of its terms granted to a governmental body, nonprofit corporation or charitable trust, which, although eligible to be a holder, is not a holder.

[PL 1985, c. 395, §3 (NEW).]

SECTION HISTORY

PL 1985, c. 395, §3 (NEW). PL 2007, c. 412, §1 (AMD).