2007-03-12 08:04:20 · 3 answers · asked by Dennis G 5 in Politics & Government ➔ Law & Ethics
no I don't want the definition of eminent domain from Wikipedia I want to know exactly the question asked thanks
2007-03-12 08:06:23 · update #1
Yes, assuming the pipeline company has the power of eminent domain, it not only has the power to condemn an easement for the pipeline but also a temporary easement for construction purposes. To value this temporary easement use a rate of return for the value of the area to be encumbered by the temporary easement. For example if the value of the land is a dollar a square foot and they want 10,000 square feet for the temporary easement, using a 10% return rate, that would equate to $1000 per year for the temporary easement, assuming no damages to the property.
Also, if you settle with the company, make sure you place a time limit on the temporary easement. Most companies will state in the easement document that the temporary easement terminates on the completion of construction. Add to this language "not to exceed 6(or some other time period) months".
2007-03-12 08:26:08 · answer #1 · answered by webned 6 · 0⤊ 0⤋
I'm not sure, i guess it would be up to the socialist's at the zoning board and/or the planning board. Check with them.
2007-03-12 08:16:03 · answer #2 · answered by csn0331 3 · 0⤊ 1⤋
you may be required to allow reasonable access, however they should be responsible to restore your property to it's original state.
2007-03-12 08:15:40 · answer #3 · answered by sic-n-tired 3 · 0⤊ 1⤋