This form is used when Grantor grants and conveys to Grantee a Right of Way and Easement (the "Right of Way") on which to lay, repair, maintain, operate, and remove pipelines and replace existing lines with other lines for the transportation of oil or gas, and their products, water, or any other fluid or substance. Grantee shall have the right to install valves, fittings, meters, and similar appurtenances as may be necessary or convenient to the operation of the lines installed by Grantee, and to erect, repair, maintain, operate, patrol and remove electric lines, graphite and steel anodes, and other devices for the control of pipeline corrosion, over, through, on, under, and across the lands descibed within.
Ohio Pipeline Right of Way With Grantee Selecting Course
State:
Multi-State
Control #:
US-OG-331
Format:
Word;
Rich Text
Instant download
Description
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FAQ
A pipeline right-of-way (ROW) is property in which a pipeline company and a landowner both have a legal interest. Each has a right to be there, although each has a different type of use for the land.
Most normal agricultural activities are permitted on the pipeline right-of-way, but some activities still require written consent to ensure the safety of everyone involved, either due to the depth of the activity, or the weight of the equipment involved.
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.
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.
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.
The markers are typically located in a ?line of sight? manner within the rights- of-way, along streets and at road and railroad crossings. The markers provide helpful information about what each pipeline transports, who operates the pipeline, and how to contact the pipeline company.
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 chances of a pipeline leak or explosion on your property is relatively small, but the consequences can be huge.
