Operation Agreement

State:
Mississippi
Control #:
MS-EAS-1
Format:
Word; 
Rich Text
Instant download

Description Mississippi Real Form

Agreement to cooperate with respect to the operation and maintenance of neighboring parcels and curb cuts, roadways, driveways, aisles, walkways and sidewalks to be erected. Intent to grant to each other certain reciprocal servitudes and easements for pedestrian and vehicular ingress and egress over the Common areas for access and for delivery and to grant certain rights to instate and maintain utility lines and site facilities within the Common Areas among other rights and agreements.

An easement gives one party the right to go onto another party's property. That property may be owned by a private person, a business entity, or a group of owners. Utilities often get easements that allow them to run pipes or phone lines beneath private property. Easements may be obtained for access to another property, called "access and egress", use of spring water, entry to make repairs on a fence or slide area, drive cattle across and other uses. The easement is a real property interest, but separate from the legal title of the owner of the underlying land.

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Operation Agreement