Section 47-12A-5 - Validity of easement. - New Mexico Statutes

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.