This form is used when Grantor grants to Grantee, its successors and assigns, a right of way and easement (the Easement ) to install and operate a gas processing and treatment facility and gas liquids extraction plant, including all tanks, pumps, pipelines and other material and equipment necessary to use the facility and plant for gas processing and treating any extraction of liquid hydrocarbons (the Plant ), on, over, and across real property.
Montana Easement Agreement and Damage Release for installation of Gas Processing and Treating Facility
State:
Multi-State
Control #:
US-OG-653
Format:
Word;
Rich Text
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How to fill out Easement Agreement And Damage Release For Installation Of Gas Processing And Treating Facility?
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FAQ
A perpetual easement lasts forever. Montana law also allows for a term easement which must be in place for a minimum of 15 years. Perpetual easements provide the best protection for the land and make potential tax benefits available to the landowner. Term easements offer no such deductions.
Montana law requires a conservation easement to be granted for a term of at least 15 years, but many are granted in perpetuity. A conservation easement runs with the land and remains in place even if the land is sold. Forever. A landowner may want the land to always be protected.
Only one Montana statute specifically addresses prescriptive easements. Section 23-2-322(1), MCA, provides that a prescriptive easement is a right to use the property of another that is acquired by open, exclusive, notorious, hostile, adverse, continuous, and uninterrupted use for a period of 5 years.
An easement appurtenant is when an easement runs with one parcel of land but benefits another. The parcel that benefits is called the dominant tenement, or the dominant estate, and the other parcel on which the easement exists is called the servient tenement, or sometimes the servient estate.