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Historically speaking, natural gas pipeline easements have had little or no impact on property values. In its Draft Environmental Impact Statement, issued in May 2016, FERC cited multiple studies which support the position that the presence of a natural gas pipeline has little or no impact on property values.
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...
Development or construction activities in the vicinity of a pipeline right-of-wayfffd Definitions. 2022 Encroachment An improvement, structure, or any activity that (a) intrudes on. another's property or (b) adversely affects the rights of an interest holder in the. propertyfffd
Pipelines can reduce property values by 5 to 40 percent by making them less attractive to potential buyers, according to local Realtors.
These distances are based on fire modeling and development requirements set to meet fire safety standards. For example, the ordinance bans new buildings within 25 feet of a hazardous liquids pipeline and increases construction and building standards on most structures within 200 feet of a pipeline.