Ran across this in a new survey and Engineer wants to know who owns this in fee
Me.
Sorry I couldn't get it to load
The country club.
Typically if it says right-of-way, it only conveys an easement interest.?ÿ 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.?ÿ 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??ÿ Was there litigation over this??ÿ 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.
Odd that an easement grant excepts oil and gas.
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]??ÿ
bon?úer?ÿ1
?ÿ?ÿ(b?ýn?r)
