N.M. Stat. § 47-12A-5

Current through 2024, ch. 69

Section 47-12A-5 - Validity of easement

A cultural properties preservation easement is valid even though the cultural properties preservation easement:

A. is not appurtenant to an interest in real properties;

B. imposes a negative covenant that is a restriction on the use of the land that is subject to the terms of the easement;

C. imposes affirmative obligations upon the owner of any interest in the property subject to the easement or upon the holder;

D. does not touch or concern real property; or

E. does not establish any privity of estate or of contract.

NMS § 47-12A-5

Laws 1995, ch. 137, § 5.