Do I have to Allow an Easement on my Property? Can I be Compensated for its Usage if I Allow it?
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Summary
A Real Estate Developer wants an Easement to my property. The Developer wants an easement to install a sewer line. Since, the Developer stands to gain capital from the installation of the sewer lines. Shouldn’t I be compensated at a commercial rate? Do I have to allow this easement? |
“A Real Estate Developer wants an Easement to my property. Do I have to allow this easement? Should I be compensated for the usage of the property? The Real Estate Developer is asking for a 50ft. temporary easement and a 20ft. permant easement. It will be located near the back of my property. A subdivision currently backs up to my property. The Developer is building several new subdivisions located on three different main streets. One street is still currently being built. The Developer wants an easement to install a sewer line. Since, the Developer stands to gain capital from the installation of the sewer lines. Shouldn’t I be compensated at a commercial rate? Should I just sell the land to the Developer? I live in Mississippi.”
I cannot advise you regarding the specific laws of Mississippi, however in general you are not obligated to grant an easement. If there is a statute or a court order or some zoning provision or something which governs your particular situation, that may override the general rule. In particular, you mention that there’s already a subdivision behind your property; does the existing subdivision have an easement over your property? If so–in fact, if there are any easements already on your property–that may affect your rights and obligations, and should be reviewed.
Compensation for an easement is a difficult topic. There is no hard and fast rule regarding what is appropriate compensation, so it is up to the parties involved to negotiate. It is possible to grant an easement for free, and it is also possible to be quite well compensated; it just depends on how valuable it is to each of the parties. You may wish to consult with a real estate attorney in your area, who may be able to give you some guidance. In any case, you should have one review the easement before it is recorded against your property.
Selling the land to the developer may not be as simple as it sounds, since that would be a “lot line adjustment” between your property and his, and would require government approval. It is certainly an option, but you would need to figure in the cost of getting the approval. In most cases, an easement can be granted without as much governmental overhead.
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For more on this subject check out these categories: Easements, Property, Real Estate
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State laws vary, and the above is intended as general advice, and not direct legal advice regarding any one particular situation in any one state. For direct personal legal advice related to your own situation you should consult an attorney familiar with the laws of your state and with your situation.