Activity Feed › Discussion Forums › Strictly Surveying › Who Owns this Property?
-
Who Owns this Property?
Posted by mlove5648 on October 4, 2019 at 8:01 pmRan across this in a new survey and Engineer wants to know who owns this in fee
holy-cow replied 4 years, 11 months ago 10 Members · 15 Replies -
15 Replies
-
Typically if it says right-of-way, it only conveys an easement interest. Quick look of Texas case law supports this as well:
TEXAS ELECTRIC RY. CO. et al.
v.
NEALE et al.Supreme Court of Texas.
-
The habendum clause calls it an easement. There are enough qualifiers in the body of the granting clause to render it an interest less than full fee simple.
-
Is this a trick question? Was there litigation over this? Did some genius of jurisprudence pull a boner?
-
That’s a lot of money for easement rights. 111,110 dollars…. Ouch…
In New Jersey, you’d be lucky to get 10k for an easement.
-
My mom inherited 60 acres of farmland from her dad up in North Dakota and went on to grant the local power company a perpetual easement on it (roughly an acre I believe) for $37,000. When she died my siblings and I sold the remaining land to a nearby farmer and he said he wished he knew she was considering it because he thought she got ripped off. Anyway, $110,000 doesn’t seem that unreasonable to me considering it could be a nice chunk of land in a desirable area.
-
Hard to judge the value of an easement if you have no idea of its size or the value of the land.
-
A Right of Way is a form of easement. Calling something a “right of way easement” is redundant. The Country Club retains the fee title here.
-
Right. I understand that. I was just commenting on the amount in general.
We have multi-million dollar homes here and I’ve never seen any easement for that amount.
-
Oh Jear Desus, whaddya mean [potty mouth]?
bon?úer 1
(b?ýn?r)
n. InformalA blunder or an error.pull a boner. Make a blunder, as in ‘I pulled an awful boner when I mentioned his ex-wife. This expression is derived from the noun bonehead, for ??blockhead? or ??stupid person.? ‘[ Slang; early 1900s] -
That may be true, but, try to use the shortened form of raccoon. Eet no work.
Log in to reply.