Pipeline Easement
Overview of this form
The Pipeline Easement form is a legal document that grants a grantee the right to use a portion of the grantor's property for laying, maintaining, and operating pipelines that transport oil, gas, water, and other substances. This form delineates the specific rights and responsibilities related to the easement, distinguishing it from other property use agreements by focusing on pipeline installation and management on the grantor's land.
What’s included in this form
- Identification of the parties involved (Grantor and Grantee).
- Effective date of the easement.
- Detailed description of the property involved.
- Rights granted including construction and maintenance of pipelines.
- Provisions for ingress and egress to facilitate access.
- Covenants regarding land use and boundary restrictions.
When to use this document
This form is needed when a property owner (Grantor) allows another party (Grantee) to install and operate pipelines over their land. It is particularly useful in scenarios involving oil and gas transportation, as well as other fluid conveyance systems where a formal agreement is necessary to define the usage rights, responsibilities, and any limitations for the land involved.
Who can use this document
- Property owners who want to grant access to a pipeline company.
- Pipeline operators needing legal authorization to operate on private land.
- Developers involved in infrastructure projects requiring easement agreements.
- Lawyers assisting clients with property rights and easement negotiations.
Steps to complete this form
- Identify the Grantor and Grantee by providing their legal names and addresses.
- Specify the effective date of the easement agreement.
- Describe the land where the easement will affect, including any specific boundaries or conditions.
- Detail the rights being granted regarding pipeline installation and maintenance.
- Ensure signatures are collected from both parties along with any necessary acknowledgments.
Does this document require notarization?
This form must be notarized to be legally valid. US Legal Forms provides secure online notarization powered by Notarize, allowing you to complete the process through a verified video call.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Mistakes to watch out for
- Failing to include specific property descriptions.
- Omitting signatures or dates, which can render the form invalid.
- Not clarifying the rights and obligations of both parties involved.
- Neglecting to mention any potential damages or covenant restrictions.
Why use this form online
- Instant access to a professionally drafted legal document.
- Convenience of downloading and editing the form as needed.
- Cost-effective solution compared to hiring a lawyer for simple easement agreements.
- Secure storage of documents for future use or reference.
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FAQ
How much money should landowners get when an oil or gas pipeline crosses their land? As it stands, landowners receive a one-time payment roughly based on the length of the pipeline, with rates varying from $5 to $50 per foot or more for a Marcellus or Utica shale pipeline right-of-way agreement.
Easements are treated as a recovery of the basis of the property first, with any excess proceeds treated as capital gain, which is taxed at a lower rate than ordinary income. The basis of property that offsets an easement is limited to the basis of the affected acres or square footage.
If an easement is 50 rods long, that is almost an acre. In a recent case, a pipeline company paid some owners $180 per rod and others $767 per rod for the same project.
Pipelines can reduce property values by 5 to 40 percent by making them less attractive to potential buyers, according to local Realtors.
A pipeline easement specifically gives the easement holder the right to build and maintain a pipeline on a landowner's property. It doesn't grant the easement holder actual ownership of the land, just a right to use the land for pipeline purposes.
