Georgia Memorandum of Option for Regeneration Station Easement

State:
Multi-State
Control #:
US-OG-1036
Format:
Word; 
Rich Text
Instant download

Description

This form is a memorandum of option for regeneration station easement.

How to fill out Memorandum Of Option For Regeneration Station Easement?

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FAQ

Common types of easements in Georgia include utility easements, drainage and sewer easements, slope easements, and construction easements.

The Georgia Institute of Real Estate provides six such methods of easement termination: Release: The owner of the dominant estate agrees, in writing, to terminate the easement. Merger: One party takes ownership of both properties. Expiration: The initial reason for the easement no longer exists.

There are usually two core principles of Georgia easement law: The easement holder's use of the land cannot exceed the scope and the purpose of the easement. The property owner cannot interfere with the easement holder's rights.

Dominant estate (also called dominant tenement) refers to the property that uses an easement over another property. For example, if lot A had an easement over lot B to access the highway, lot A would be the dominant estate.

Typically, a property owner has the legal responsibility for any damages caused by inadequate maintenance to the people on their property. However, an easement rights holder or the party granted access to use the property becomes responsible for any damages on the property since they now hold the rights to use.

In order to be recordable, an easement deed must be signed by the grantor and must contain two witnesses, one of whom must be the notary with his seal attached. If one of the witnesses is not a notary, then there must be an acknowledgment by a notary attached to the deed ( 44-2-21 and 44-2-14).

Generally, the owner of any easement has a duty to maintain the easement. If the easement is owned by more than one person, or is attached parcels of land under different ownership, each owner must share in the cost of maintaining the easement pursuant to their agreement.

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Georgia Memorandum of Option for Regeneration Station Easement