Property Ownership
A Minnesota property is subject to a conservation easement granted to a land trust. This easement:
ACan be terminated by the property owner at any time
BPermanently restricts development but allows agricultural use✓ Correct
CExpires after 25 years under Minnesota law
DOnly applies while the original grantor owns the property
Explanation
Conservation easements in Minnesota are typically perpetual restrictions on development while allowing continued agricultural, forestry, or other compatible uses. They are held by qualified land trusts or government entities. The easement runs with the land and binds future owners. Conservation easements provide property tax benefits and protect important natural resources.
Related Minnesota Property Ownership Questions
- A Minnesota property is conveyed 'to John Smith for life, then to Jane Smith.' Jane Smith's interest is called a:
- Minnesota's recording act provides protection to buyers who record their deed first. Minnesota follows which type of recording act?
- In Minnesota, a 'prescriptive easement' may be established by:
- In Minnesota, the Torrens system of property registration differs from the recording system in that:
- Which of the following is an example of an encumbrance that does NOT affect title but affects the use of the property?
- In Minnesota, which of the following is the legal effect of recording a deed with the county?
- A Minnesota property owner has a life estate 'pur autre vie' in a house. This means the life estate is measured by:
- In Minnesota, a homeowner's association (HOA) has a right of first refusal in the CC&Rs. When a unit owner receives a purchase offer, they must:
Practice More Minnesota Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Minnesota Quiz →