Land Use & Zoning
In Wyoming, a conservation easement restricts a property owner's right to:
APay property taxes
BDevelop or alter the property in ways that would harm its conservation values✓ Correct
CSell the property
DAllow public access
Explanation
A conservation easement is a voluntary legal agreement that restricts development or alteration of the property to protect its conservation, agricultural, scenic, or open space values. It runs with the land.
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Key Terms to Know
Easement
A non-possessory right to use another person's land for a specific purpose.
Adjustable-Rate Mortgage (ARM)A mortgage with an interest rate that changes periodically based on a financial index, usually after an initial fixed-rate period.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
Adverse PossessionA doctrine by which a person can gain legal title to another's land by openly, continuously, and adversely occupying it for a statutory period.
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