Colorado Partial Release of Pipeline Easement

State:
Multi-State
Control #:
US-OG-1081
Format:
Word; 
Rich Text
Instant download

Description

This form is a partial release of pipeline easement.

How to fill out Partial Release Of Pipeline Easement?

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FAQ

The owner of the land over which the easement runs is not allowed to interfere with the easement, even though the owner owns title to that land.

Hear this out loud PauseA release of a portion of commercial real property in Florida from the lien of a mortgage. Lenders in Florida customarily use a partial release of mortgage to discharge a mortgage lien against some, but not all, of the borrower's commercial real property.

Hear this out loud PauseAn 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.

Most Used Easement: Express Easement An express easement is typically conveyed via deed or other writing, which governs the terms of the easement.

Hear this out loud PauseA partial release is a mortgage provision that allows some of the collateral to be released from a mortgage after the borrower pays a certain amount of the loan. Lenders require proof of payment, a survey map, appraisal, and a letter outlining the reason for the partial release.

The owner of a negative easement is able to prevent the owner or possessor of the property from using the land in a manner that is described by the terms of the easement. In other words, an easement is a right to use another person's land for a limited purpose or to prevent the use of that land for a specific purpose.

Hear this out loud PauseMaintenance Responsibilities: Depending on the easement's terms, a property owner may be responsible for maintaining the easement area, such as keeping a pathway clear.

You'll want to check if you're the easement user, known as the dominant property, or if you're the property owner who must allow your neighbor to use your property, known as the servient property. The servient property owner cannot block the use of the easement.

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Colorado Partial Release of Pipeline Easement