Virgin Islands Temporary Construction Easement and Agreement for Highway Purposes
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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.
A temporary construction easement is a legal agreement between two parties that allows one party to use the other party's land for a specific purpose related to a construction project.
An easement is a real estate ownership right (an "encumbrance on the title") granted to an individual or entity to make a limited, but typically indefinite, use of the land of another. It is not a right of occupancy as such or a right to profit from the land.
A temporary construction easement (TCE) is a specialized form of easement that a public agency frequently uses as part of an eminent domain project when it ?seeks to obtain exclusive possession of a portion of the property for a significant, albeit temporary, period of time.? (Property Reserve, Inc.
Public easements, or those with a public benefit such as public ways, railroads, public (and private) utility and other service easements do not expire. They must be extinguished in the manner provided by law.
