Certain Easements in Gross of a Commercial Character

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Sec. 3. (a) This section does not apply to an easement in gross of a commercial character that is created after June 30, 1989.

(b) An easement in gross that was created after July 6, 1961, may be alienated, inherited, or assigned in whole or in part if the instrument that created the easement in real property states that the easement may be alienated, inherited, or assigned.

[Pre-2002 Recodification Citation: 32-5-2-1(c).]

As added by P.L.2-2002, SEC.8.


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