Wake North Carolina Pipeline Easement With No Specific Course Identified

State:
Multi-State
County:
Wake
Control #:
US-OG-329
Format:
Word; 
Rich Text
Instant download

Description

This form is used when Grantor grants, conveys, and sells to Grantee, its successors and assigns, an easement and right of way, and the right to lay, construct, operate, maintain, inspect, repair, replace, change the size of and remove pipelines, with all fittings, tie-overs, cathodic protection equipment, and all underground equipment and appurtenances as may be necessary or incidental to operations, for the transportation of natural gas, oil, petroleum products, water, and any other substances which can be transported through a pipeline, on, over, and through the tract of land described within.

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FAQ

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.

Interstate pipelines are managed by the Federal Energy Regulatory Commission (FERC) and the U.S. Department of Transportation (DOT). The Federal Energy Regulatory Commission regulates pipelines, storage, natural gas transportation in interstate commerce, and liquefied natural gas facility construction.

COLONIAL PIPELINE COMPANY An easement agreement, which was negotiated when the pipeline was installed, gives Colonial the legal right to bury, maintain and retain access to the pipeline on your property for general maintenance and repair.

Development or construction activities in the vicinity of a pipeline right-of-wayfffd Definitions. 2022 Encroachment An improvement, structure, or any activity that (a) intrudes on. another's property or (b) adversely affects the rights of an interest holder in the. propertyfffd

American Petroleum Institute 2017 Estimate Combined with the estimate of 30 inches for average pipeline size, that amounts to $5.34 million per mile for gas pipelines, or $3.32 million per km.

Pipelines can reduce property values by 5 to 40 percent by making them less attractive to potential buyers, according to local Realtors. People wince when they see (pipelines), said James Sherer, a Realtor with Lancaster County-based Kingsway Realty.

The pipeline company typically pays the landowner in price per foot or per acre for farm land of the property that the pipeline passes. The price is based on the length of the easement. Some companies offer prices based on linear rod, not linear foot.

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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Wake North Carolina Pipeline Easement With No Specific Course Identified