Property Ownership
A NC property owner who grants a 'conservation easement' to a land trust gives up the right to:
ALive on the property
BDevelop the property in ways inconsistent with the conservation purposes of the easement✓ Correct
CSell the property
DPay property taxes
Explanation
A conservation easement permanently restricts development on the property in exchange for potential tax benefits, while the owner retains ownership and other uses consistent with the easement.
Related North Carolina Property Ownership Questions
- The 'metes and bounds' method of property description in NC uses:
- What is 'constructive notice' in NC property law?
- Which of the following would terminate an easement in North Carolina?
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- A 'ground lease' in NC for a period exceeding 3 years must be:
- Which form of co-ownership includes the right of survivorship and is available only to legally married spouses in North Carolina?
- In NC, a 'revocable living trust' is often used in real estate to:
- The NC Planned Community Act (Chapter 47F) requires residential HOAs to:
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