{"data":{"id":"us-nc/n.c.-gen.-stat.-121-38","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 121-38","heading":"Validity of agreements.","body":"(a)\tNo conservation or preservation agreement shall be unenforceable because of\n(1)\tLack of privity of estate or contract, or\n(2)\tLack of benefit to particular land or person, or\n(3)\tThe assignability of the benefit to another holder as defined in this Article.\n(b)\tThese agreements are interests in land and may be acquired by any holder in the same manner as it may acquire other interests in land.\n(c)\tThese agreements may be effective perpetually or for shorter stipulated periods of time.\n(d)\tThese agreements may impose present, future, or continuing obligations on either party to the agreement, or their successors, in furtherance of the purposes of the agreement.\n(e)\tThese agreements may contain provisions which require the payment of a fee upon a future conveyance of the property that is subject to the agreement. (1979, c. 747, s. 5; 2008-165, s. 1.)","path":["Chapter 121. Archives and History.","Article 4. Conservation and Historic Preservation Agreements Act."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_121/GS_121-38.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:19:02Z","sha256":"ca564b28ff63302ad32a5d8d2a5668adefdfdd24cab7745bbf010ef748d5c418","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-121-37","next":"us-nc/n.c.-gen.-stat.-121-39"},"notice":"GroundRules: Original legal text. Not legal advice."}