Indiana Memorandum of Option for Regeneration Station Easement

State:
Multi-State
Control #:
US-OG-1036
Format:
Word; 
Rich Text
Instant download

Description

This form is a memorandum of option for regeneration station easement.

How to fill out Memorandum Of Option For Regeneration Station Easement?

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FAQ

A prescriptive easement can be created by: Continuously using the property for 5 years; In a manner that is open, notorious, and clearly visible to the owner of the land; and. Hostile and adverse to the owner.

Generally, the owner of any easement has a duty to maintain the easement. If the easement is owned by more than one person, or is attached parcels of land under different ownership, each owner must share in the cost of maintaining the easement pursuant to their agreement.

Indiana easement laws are derived from a combination of common law and statutory authority. Easement theories are complex and heavily dependent upon specific facts. Therefore, a landowner's rights are often initially unclear and require an intensive investigation into an easement's creation and intended purpose.

The distinguishing end result between a prescriptive easement and adverse possession is that, unlike adverse possession, a prescriptive easement does not transfer legal ownership to the claimant. Instead, it merely confers upon the claimant a legal right to jointly use the property in conjunction with the true owner.

In order to be recognized, a party claiming a prescriptive easement must show, by clear and convincing proof, their ?actual, hostile, open, notorious, continuous, uninterrupted adverse use? of the servient estate for a period of twenty years under some claim of right.

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Indiana Memorandum of Option for Regeneration Station Easement