Mississippi Servitude and Easement Agreement (For Pipelines and Metering Station)

State:
Multi-State
Control #:
US-OG-1135
Format:
Word; 
Rich Text
Instant download

Description

This form is a servitude and easement agreement for pipelines and metering station.
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FAQ

An easement usually is written so that it lasts forever. This is known as a perpetual easement. Where state law allows, an easement may be written for a specified period of years; this is known as a term easement. Only gifts of perpetual easement, however, can qualify a donor for income- and estate-tax benefits.

The most common rule of thumb for a rough estimation of pipeline capital cost is the cost per ?inch-mile.? It's a pretty simple concept: The longer and fatter the pipe is, the more it's going to cost, so the length in miles is multiplied by the diameter in inches, to produce ?inch-miles? to multiply by that unit cost.

What is a Pipeline Easement? Generally, an easement is a legal interest that allows someone the right to use another's property for a certain purpose. A pipeline easement specifically gives the easement holder the right to build and maintain a pipeline on a landowner's property.

The chances of a pipeline leak or explosion on your property is relatively small, but the consequences can be huge.

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

Double-ditch method. Under this excavation method, topsoil is placed to one side of the pipeline excavation, and the undersoil is placed to the other side. This allows for easier and better reclamation of the right-of-way.

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Mississippi Servitude and Easement Agreement (For Pipelines and Metering Station)