US Legal Forms
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Easement Forms
Multi-State
Release For Surface Damages For Pipeline Right of Way / Easement

Pipeline Right Of Way Easement Withdrawal

Category:

Oil Gas and Minerals - Releases

State:

Multi-State

Control #:

US-OG-118

Format:

Instant download

Description

The Pipeline Right of Way Easement Withdrawal form is designed to facilitate the release of claims by a grantor against a grantee for damages related to surface use of land during pipeline installation and operation. It includes sections for identifying the relevant parties—the grantor and grantee—and the lands impacted. Key features of the form include a provision for compensation acknowledgment and the release of future claims from the grantor once compensation is received. Additionally, the form outlines the responsibilities of the grantor if the land is under a surface lease, requiring indemnification of the grantee against claims from lessees. The effective date of the release is specified to clarify when the obligations commence. Attorneys, partners, and legal professionals can utilize this form to ensure clear documentation and formal resolution of rights associated with surface damage claims. Paralegals and legal assistants may find it useful for managing related documentation and ensuring compliance. Overall, the form serves as a protective legal measure for all parties involved, ensuring that all claims are addressed comprehensively.

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FAQ

The pipeline company typically pays the landowner in price per foot or per acre for farm land of the property that the pipeline passes. The price is based on the length of the easement.

Pipelines can reduce property values by 5 to 40 percent by making them less attractive to potential buyers, according to local Realtors.

The companies that own most of the gas pipelines by length include:Gazprom, Russia 103,212km (64,133 miles) 11.2 percent.TC Energy, Canada 99,440km (61,789 miles) 10.8 percent.Kinder Morgan, US 82,075km (50,999 miles) 9 percent.

THIRTEEN TIPS TO NEGOTIATING PIPELINE EASEMENTS:Limit the term of the easement.Be sure to limit the pipeline to one line and one line only.Insert language that restricts the easement to the company you lease to.Determine if there are to be any pipes above the ground.More items...

There are eight ways to terminate an easement: abandonment, merger, end of necessity, demolition, recording act, condemnation, adverse possession, and release.