Easement Gas Pipeline
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FAQ
Pipelines can reduce property values by 5 to 40 percent by making them less attractive to potential buyers, according to local Realtors.
The answer to the first question is straightforward: There is no limitation on how close gas pipelines can be built to homes. The federal regulations say nothing about any minimum distance away from homes that pipeline installation must occur.
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...
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.