1238B 95th Legislative Session 694
AMENDMENT 1238B FOR THE HOUSE AGRICULTURE
AND NATURAL RESOURCES BILL
Introduced by: Representative McCleerey
An Act to permit modification of the term of a perpetual conservation easement after the death of the grantor.
Be it enacted by the Legislature of the State of South Dakota:
Section 1. That § 1-19B-57 be AMENDED:
1-19B-57. Conservation easements--Creation and alteration--Term--Rights.
A conservation easement may be
created, conveyed, recorded, assigned, released, modified,
terminated, or otherwise altered or affected in the same manner as
other easements. The term of the conservation easement shall be
established by the parties to the easement,
but if the term is perpetual, a
person receiving a fee simple interest in the real property burdened
by the easement the
parties may
bilaterally
modify the
term of rights
and duties under the
easement after the death of the person who granted the easement.
No right or duty in favor of or against a holder and no right in
favor of a person having a third-party right of enforcement arises
under a conservation easement before its acceptance by the holder and
recording the acceptance. 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.
Catchlines are not law. (§ 2-16-13.1) Underscores indicate new language.
Overstrikes
indicate deleted language.