Indiana Release of Easement (Electric Powerline)

State:
Multi-State
Control #:
US-OG-1109
Format:
Word; 
Rich Text
Instant download

Description

This form is a release of easement for an electric powerline.

How to fill out Release Of Easement (Electric Powerline)?

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FAQ

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.

How much will I receive? For lines supported by wooden poles, the payment rates are around 1% to 2% of the value of your property for a permanent easement settlement or a few hundred pounds for a one off wayleave settlement but the final amount will be dependent upon a number of factors.

When termed as a utility easement, it means a utility company's right to access and control the portion of another person's land that is located near utility facilities and structures (i.e. utility poles, transformers, overhead or underground electrical lines).

The home owner is usually the owner of the service line The service line is the power line between the power pole and your home. If the service line only goes to your electricity meter, you own the service line. So, if there is a problem with the service line you are responsible for its maintenance.

Your rights as a property owner include deciding who has access to and use of your property. You can refuse a utility easement request, especially if there are alternate properties that the company could use instead of yours.

An easement once granted may be ended by a release in writing stating that the owner of the easement gives away all rights and remedies including the ability to sue under the easement.

It is only the property owner who can claim compensation for the power lines therefore if you sell your property before the completion of the claim the option to claim compensation will be offered to the new owners and your claim is canceled without charge.

Homeowners usually have overhead or underground powerlines that run through their property. In such cases, it usually means the utility company has an easement over the property.

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Indiana Release of Easement (Electric Powerline)