Oklahoma 2024 2024 Regular Session

Oklahoma Senate Bill SB1997 Enrolled / Bill

Filed 04/16/2024

                     
 
 
An Act 
ENROLLED SENATE 
BILL NO. 1997 	By: Murdock, Bullard, and 
Hamilton of the Senate 
 
  and 
 
  Newton and Dobrinski of the 
House 
 
 
 
An Act relating to the Uniform Conservation Easement 
Act; amending 60 O.S. 2021, Section 49.3, which 
relates to creation, conveya nce, acceptance, and 
duration; requiring disclosure of certain easement to 
potential buyer; updating statutory reference; and 
providing an effective date . 
 
 
 
 
SUBJECT:  Uniform Conservation Easement Act 
 
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA : 
 
SECTION 1.     AMENDATORY     60 O.S. 2021, Section 49.3, is 
amended to read as follows: 
 
Section 49.3. 
 
CREATION, CONVEYANCE, ACCEPTANCE, AND DURATION 
 
A.  Except as otherwise provided in this act 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 o btain a conservation easement by 
condemnation. 
   
 
ENR. S. B. NO. 1997 	Page 2 
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 Se ction 4 49.4 of this 
act 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. 
 
SECTION 2.  This act shall become effective November 1, 2024. 
   
 
ENR. S. B. NO. 1997 	Page 3 
Passed the Senate the 5th day of March, 2024. 
 
 
  
 	Presiding Officer of the Senate 
 
 
Passed the House of Representatives the 15th day of April, 2024. 
 
 
  
 	Presiding Officer of the House 
 	of Representatives 
 
OFFICE OF THE GOVERNOR 
Received by the Office of the Governor this _______ _____________ 
day of _________________ __, 20_______, at _______ o'clock _______ M. 
By: _________________________________ 
Approved by the Governor of the State of Oklahoma th is _________ 
day of _________________ __, 20_______, at _______ o'clock _______ M. 
 
 	_________________________________ 
 	Governor of the State of Oklahoma 
 
 
OFFICE OF THE SECRETARY OF STATE 
Received by the Office of the Secretary of State this _______ ___ 
day of _________________ _, 20 _______, at _______ o'clock _______ M. 
By: _________________________________