Okla. Stat. tit. 60 § 49.3

Current through Laws 2024, c. 453.

Section 49.3 - Creation, conveyance, acceptance, and duration

A. Except as otherwise provided in the Uniform Conservation Easement Act, a conservation easement may be created, conveyed, recorded, assigned, released, modified, terminated, or otherwise altered or affected in the same manner as other easements; provided, however, nothing herein shall authorize any entity or individual to obtain a conservation easement by condemnation.

B. No right or duty in favor of or against a holder arises under a conservation easement before its acceptance by the holder and a recordation of the acceptance.

C. Except as provided in subsection B of Section 49.4 of this title, the term of a conservation easement shall be the term stated in the instrument creating it.

D. An interest in real property in existence at the time a conservation easement is created is not impaired by it unless the owner of the interest is a party to the conservation easement or consents to it.

E. An owner of real property burdened by a conservation easement shall disclose the existence of such easement to any potential buyer of the real property.

Okla. Stat. tit. 60, § 49.3

Amended by Laws 2024 , c. 36, s. 1, eff. 11/1/2024.

Added by Laws 1999 , SB 266, c. 384, §3, eff. 11/1/1999.