Nevada Easement Agreement and Damage Release for installation of Gas Processing and Treating Facility

State:
Multi-State
Control #:
US-OG-653
Format:
Word; 
Rich Text
Instant download

Description

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.

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  • Preview Easement Agreement and Damage Release for installation of Gas Processing and Treating Facility
  • Preview Easement Agreement and Damage Release for installation of Gas Processing and Treating Facility
  • Preview Easement Agreement and Damage Release for installation of Gas Processing and Treating Facility
  • Preview Easement Agreement and Damage Release for installation of Gas Processing and Treating Facility

How to fill out Easement Agreement And Damage Release For Installation Of Gas Processing And Treating Facility?

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FAQ

It protects the purchaser from a reduction in value as a result of the potential issue. The purchaser's solicitor will examine the documents, deeds and carry out searches on your property; they may also raise enquiries and ask for further information to be provided.

Are indemnification clauses enforceable? Indemnification clauses are generally enforceable, but there are important qualifications. Some courts hold that broad form or ?no fault? indemnifications, which are blind to fault on the part of either party, violate public policy.

Indemnification is protection against loss or damage. When a contract is breached, the parties look to its indemnity clause to determine the compensation due to the aggrieved party by the nonperformer. The point is to restore the damaged party to where they would have been if not for the nonperformance.

An easement is a nonpossessory interest in the land of another that entitles the easement holder to limited use of another's land without interference. ORS 105.170 (1). An easement holder is a person with a legal right to use the easement and may include the owner of the land across which the easement passes.

There are eight ways to terminate an easement: abandonment, merger, end of necessity, demolition, recording act, condemnation, adverse possession, and release.

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.

An indemnity clause may contain two distinct elements: An obligation to ?hold harmless?. The obligation to ?hold harmless? is a legal term requiring a party to compensate the indemnified party for any losses. A duty to defend.

As additional protection for landowner, the easement holder is often required to indemnify and hold the landowner harmless from liability associated with the use of the easement.

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Nevada Easement Agreement and Damage Release for installation of Gas Processing and Treating Facility