Nonvested easement.

  1. Law
  2. New Mexico Statutes
  3. Uniform Probate Code
  4. Intestate Succession and Wills
  5. UNIFORM STATUTORY RULE AGAINST PERPETUITIES; HONORARY TRUSTS; TRUSTS FOR PETS; TIME LIMITS ON OPTIONS IN GROSS AND CERTAIN OTHER INTERESTS IN REAL PROPERTY
  6. Time Limits On Options In GrossAnd Certain Other Interests In Real Property
  7. Nonvested easement.

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A nonvested easement in gross becomes invalid if it does not actually vest within thirty years after its creation.

History: 1978 Comp., § 45-2-911, enacted by Laws 2011, ch. 124, § 38.

ANNOTATIONS

Effective dates. — Laws 2011, ch. 124, § 104 made Laws 2011, ch. 124, § 38 effective January 1, 2012.


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