A Mississippi Release of Easement (Electric Power line) is a legal document that terminates or releases an existing easement related to electric power lines in the state of Mississippi. This document is used when the easement is no longer needed or when it needs to be extinguished. The Mississippi Release of Easement (Electric Power line) is crucial for both parties involved — thgranteror (property owner) and the grantee (electric power company). It ensures that the property owner is no longer subject to any obligations, restrictions, or encumbrances imposed by the original easement agreement. Key elements typically included in a Mississippi Release of Easement (Electric Power line) are: 1. Parties involved: The names and addresses of the granter and grantee need to be clearly stated. 2. Description of the property: The legal description of the property being released from the easement should be provided. This includes the county, parcel number, and any other relevant property details. 3. Easement details: The original easement agreement's date and relevant recording information should be mentioned, along with any amendments or modifications made over time. 4. Termination/Release: The document must explicitly state that the easement is being released and terminated and that all rights and obligations related to it are extinguished. The granter relinquishes any claim or right to the easement. 5. Signatures: Both the granter and grantee must sign the document in the presence of a notary public. The notary will provide their stamp or seal to authenticate the signatures. Types of Mississippi Release of Easement (Electric Power line): 1. Complete Release: This type of release terminates the entire easement, including all rights and restrictions associated with it. It offers the most comprehensive relief for the granter, completely freeing the property from any lingering obligations. 2. Partial Release: In some cases, a release might only apply to a portion of the easement area. This occurs when the electric power company determines that a particular section is no longer necessary for their operations, and the property owner agrees to relinquish their rights to that specific portion. 3. Conditional Release: In rare instances, a release may occur subject to certain conditions. For example, the property owner might agree to release the easement if the electric power company compensates them for any restoration or rehabilitation costs resulting from the release. In conclusion, a Mississippi Release of Easement (Electric Power line) is a vital legal document that terminates or releases an existing easement tied to electric power lines. It facilitates the smooth transition of property rights and ensures the granter's freedom from any obligations or encumbrances previously imposed by the easement. Whether it is a complete release, partial release, or conditional release, the document is designed to protect the rights and interests of both parties involved.
Mississippi Release of Easement (Electric Powerline)
Category:
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.
A Mississippi Release of Easement (Electric Power line) is a legal document that terminates or releases an existing easement related to electric power lines in the state of Mississippi. This document is used when the easement is no longer needed or when it needs to be extinguished. The Mississippi Release of Easement (Electric Power line) is crucial for both parties involved — thgranteror (property owner) and the grantee (electric power company). It ensures that the property owner is no longer subject to any obligations, restrictions, or encumbrances imposed by the original easement agreement. Key elements typically included in a Mississippi Release of Easement (Electric Power line) are: 1. Parties involved: The names and addresses of the granter and grantee need to be clearly stated. 2. Description of the property: The legal description of the property being released from the easement should be provided. This includes the county, parcel number, and any other relevant property details. 3. Easement details: The original easement agreement's date and relevant recording information should be mentioned, along with any amendments or modifications made over time. 4. Termination/Release: The document must explicitly state that the easement is being released and terminated and that all rights and obligations related to it are extinguished. The granter relinquishes any claim or right to the easement. 5. Signatures: Both the granter and grantee must sign the document in the presence of a notary public. The notary will provide their stamp or seal to authenticate the signatures. Types of Mississippi Release of Easement (Electric Power line): 1. Complete Release: This type of release terminates the entire easement, including all rights and restrictions associated with it. It offers the most comprehensive relief for the granter, completely freeing the property from any lingering obligations. 2. Partial Release: In some cases, a release might only apply to a portion of the easement area. This occurs when the electric power company determines that a particular section is no longer necessary for their operations, and the property owner agrees to relinquish their rights to that specific portion. 3. Conditional Release: In rare instances, a release may occur subject to certain conditions. For example, the property owner might agree to release the easement if the electric power company compensates them for any restoration or rehabilitation costs resulting from the release. In conclusion, a Mississippi Release of Easement (Electric Power line) is a vital legal document that terminates or releases an existing easement tied to electric power lines. It facilitates the smooth transition of property rights and ensures the granter's freedom from any obligations or encumbrances previously imposed by the easement. Whether it is a complete release, partial release, or conditional release, the document is designed to protect the rights and interests of both parties involved.
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