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Texas Right of Way Easement for Water Pipeline or Pipelines

Water Line Easement Rights With The Constitution

Category:

Real Estate - Easements and Rights of Way

State:

Texas

Control #:

TX-EAS-11

Format:

Instant download

Description

This Texas easement form is a Right of Way Easement For Water Pipeline perpetual easement with the right to erect, construct, install, and lay and thereafter use, operate, inspect, repair, maintain, replace and remove one or more water pipelines and appurtenances over and across the land owned by 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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FAQ

Pipeline stocks can be great income investments Pipeline companies tend to generate very steady cash flow.

Largest Pipeline Companies in the World Transneft (TRNFP.ME) Market Cap as of February 10, 2023: $12.2 billion. ... 14 Targa Resources Corp. ... Pembina Pipeline Corporation (NYSE:PBA) ... Cheniere Energy Partners, L.P. (NYSE:CQP) ... Berkshire Hathaway Energy. ... The Williams Companies, Inc. ... Energy Transfer LP (NYSE:ET) ... Kinder Morgan, Inc.

Transportation is the heart and soul of the midstream and the most common revenue generator. Pipelines collect tariffs from consumers per unit of hydrocarbon transported. These are also done through contracts that often utilize minimum volume commitments, further protecting investor income.

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. Some companies offer prices based on linear rod, not linear foot.

Pipelines are necessary to deliver fuel for Canadians to heat their homes, drive their cars and travel by bus, ship, train and air. Cars, buses, trains, boats and airplanes are all fuelled by petroleum products such as gasoline, diesel and aviation fuel.