Arkansas Pipeline Right of Way Grant

State:
Multi-State
Control #:
US-EAS-8
Format:
Word; 
Rich Text
Instant download

Description

This is a sample form for use in transactions involving easements, a Pipeline Right of Way Grant. Allows a right of way to construct, maintain, alter, inspect, repair, replace, change the size of, operate and remove a pipeline.

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

There is no measurable impact on the sales price of properties located along or in proximity to a natural gas pipeline versus properties which are not located along or in proximity to the same pipeline. Neither the size nor the age of a natural gas pipeline affects a property's sale price.

How pipeline companies make money. Pipeline companies typically get the bulk of their revenue from three sources: fixed-fee contracts, regulated tariffs, and margin-based activities.

A pipeline right-of-way (ROW) is a strip of land of varying widths that may contain one or more pipelines. To deliver critically needed natural gas via our network, Enbridge must at times cross private and public lands.

Natural gas pipelines do not affect the property value of any particular type of residence any more or less than another type of residence.

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.

Pipeline stocks can be great income investments That gives them the funds to pay attractive dividends and invest in expanding their operations. Because of that, pipeline stocks tend to be great options for investors seeking to generate some passive income.

AR ADC 126.05. 2-192.361Arkansas Administrative Code Each buried service line must be installed with at least 12 inches (305 millimeters) of cover in private property and at least 18 inches (457 millimeters) of cover in streets and roads.

Pipelines can pollute air, water, soil and climate when they leak. Pipelines that cross rivers and streams are more vulnerable to breaks when heavy rain and floods occur.

The chances of a pipeline leak or explosion on your property is relatively small, but the consequences can be huge. Knowing what to do, and what not to do, could save your life.

Pipeline easements can create negative impacts ranging from 50 percent of the easement land value to 30 percent of the entire property value, the company said. On the other hand, a 2008 study by Portland State Adjunct Professor Eric Fruits concluded that there was no significant economic or statistical impact.

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Arkansas Pipeline Right of Way Grant