Chapter
418
2008 -- H 8131
Enacted 07/05/08
A N A C T
RELATING TO PROPERTY
-- ESTATES IN REAL PROPERTY
Introduced By:
Representative Bruce J. Long
Date Introduced: April 08,
2008
It is
enacted by the General Assembly as follows:
SECTION
1. Section 34-4-21 of the General Laws in Chapter 34-4 entitled "Estates
in
Real
Property" is hereby amended to read as follows:
34-4-21.
Limitation of restrictive covenants. -- If a covenant or restriction
concerning
the use
of land, other than housing restrictions as set forth in section 34-39.1-3, and
conservation
restrictions
and preservation restrictions as set forth in sections 34-39-3 and 34-39-4, is
created by
any
instrument taking effect after May 11, 1953, the covenant or restriction, if
unlimited in time
in the
instrument, shall cease to be valid and operative thirty (30) years after the
execution of the
instrument
creating it.; provided, however, that the terms of this section shall
not apply to any
covenants
and/or restrictions initially created by the Commerce Oil Refining Corporation
with
respect
to land in the town of Jamestown.
SECTION
2. This act shall take effect upon passage.
=======
LC02637
=======