Virgin Islands Option For Pipeline Right of Way and Easement

State:
Multi-State
Control #:
US-OG-247
Format:
Word; 
Rich Text
Instant download

Description

This form is used when the Grantor grants to Grantee and Grantee's successors and assigns, an exclusive option and right to purchase a pipeline right of way and easement over and across lands.

How to fill out Option For Pipeline Right Of Way And Easement?

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FAQ

The chances of a pipeline leak or explosion on your property is relatively small, but the consequences can be huge.

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 most common rule of thumb for a rough estimation of pipeline capital cost is the cost per ?inch-mile.? It's a pretty simple concept: The longer and fatter the pipe is, the more it's going to cost, so the length in miles is multiplied by the diameter in inches, to produce ?inch-miles? to multiply by that unit cost.

Double-ditch method. Under this excavation method, topsoil is placed to one side of the pipeline excavation, and the undersoil is placed to the other side. This allows for easier and better reclamation of the right-of-way.

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.

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Virgin Islands Option For Pipeline Right of Way and Easement