Sec. 1. 33 MRSA §477, sub-§6 is enacted to read:

6.__Disclosure.__At the time of creation or conveyance of a conservation easement, the owner of the servient estate shall sign a consent form in which the following information is disclosed:

A.__A description of the physical restrictions and legal restraints that the easement imposes on the servient estate;

B.__The duration of the easement;

C.__The identity of the entity receiving the easement; and

D.__A description of the purpose and general activities of the entity receiving the easement.

Sec. 2. 33 MRSA §1552, as enacted by PL 1979, c. 389, is amended by adding after the first paragraph a new paragraph to read:

At the time of creation or conveyance of a preservation interest, the owner of the property shall sign a consent form that discloses a description of the physical restrictions and legal restraints that the preservation interest places on the property, the duration of the interest, the identity of the holder of the interest and a description of the purpose and general activities of the holder of the interest.

SUMMARY

This bill requires that, at the time of the creation or conveyance of a conservation easement or preservation interest, the owner of a servient estate or subject property sign a consent form disclosing the following information:

1. A description of the physical restrictions and legal residents the easement or interest places on the estate or property;

2. The duration of the easement or interest; and

3. The identity and description of the general activities and purpose of the holder of the easement or interest.