Oklahoma Assignment of Easements - Short Form

State:
Multi-State
Control #:
US-OG-302
Format:
Word; 
Rich Text
Instant download

Description

This form is used when Assignor sells, transfers, conveys and quit claims to Assignee, all of Assignor's rights, title, and interests in those easements and rights of way described within. This Assignment includes all personal property, pipelines, and equipment located on or under the Easements.



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FAQ

What is Oklahoma's Adverse Possession Law? In order to claim legal title under Oklahoma adverse possession law, an individual must occupy the property for at least 15 years, while the rightful landowner has two years to challenge the adverse occupation.

Activities: It is unlawful for any person to knowingly or intentionally conduct or allow to be conducted any activity upon real property owned or occupied by them which interferes with or obstructs the operation, maintenance or repairs of the facilities placed upon, in, under or above the real property by virtue of a ...

In basic terms, a court-approved easement allows one party to use the property of another party within set limitations and without ever assigning any particular ownership over said property. There are two main forms of easements: Easement in gross: An easement granted to benefit a specific individual.

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.

Utility Easements b) When an easement of twenty (20) feet in width is not provided, the minimum width of the easement shall be fifteen (15) feet, or as required by the County Engineer.

COST OF EASEMENT OR LEASE: The monetary consideration for either a LEASE OR EASEMENT on state land will be based upon the fair market value of the land per acre (determined by an appraisal by an Oklahoma licensed appraiser) and multiplying it by the amount of the acreage encumbered by the easement/lease area, as shown ...

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Oklahoma Assignment of Easements - Short Form