New Hampshire Revised Statutes 227-E:2 – Definitions
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In this chapter:
I. “Commission” means the Connecticut River Valley resource commission.
II. “Conservation easement” means a less than fee interest in property acquired for the purpose of permanently protecting a natural, cultural or historical resource or its scenic or recreational values.
III. “Development rights” means the rights of a fee simple owner of property to improve such property, including the right to change the terrain, remove natural vegetation and construct buildings on it. Development rights may be severed from the fee simple to constitute a restriction on the property.
I. “Commission” means the Connecticut River Valley resource commission.
Terms Used In New Hampshire Revised Statutes 227-E:2
- Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
II. “Conservation easement” means a less than fee interest in property acquired for the purpose of permanently protecting a natural, cultural or historical resource or its scenic or recreational values.
III. “Development rights” means the rights of a fee simple owner of property to improve such property, including the right to change the terrain, remove natural vegetation and construct buildings on it. Development rights may be severed from the fee simple to constitute a restriction on the property.