Reciprocal Easement Agreement Template With Collateral

State:
Georgia
Control #:
GA-EAS-6
Format:
Word; 
Rich Text
Instant download

Description

Right of way for the purposes of laying, constructing, maintaining, operating, repairing, altering, replacing and removing a sewer line or lines, including any manholes, in, under, upon, over, through and across land of Grantor.


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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11 "REA" is an acronym for reciprocal easement agreement. Tenant (so long as the Tenant Lease is in full force and effect).The agreement created to serve this purpose was called a Reciprocal Easement Agree- ment (REA). Filer attach Amendment Addendum (Form UCC3Ad) and provide Debtor's name in itern 13.

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Reciprocal Easement Agreement Template With Collateral