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re: Has anybody ever sold easement rights to a power/utility company?

Posted on 12/7/12 at 3:27 pm to
Posted by ItNeverRains
37069
Member since Oct 2007
25897 posts
Posted on 12/7/12 at 3:27 pm to
Ask him approx how many sq ft of your one acre, 43560 sq ft parcel he intends to use for power lines/easement. Then tell him many renters fear cancer from voltage, and that type of stigmatization may cost you $. Then show him your property records to see how much your assessed value currently is. Whatever that number is, I'd start at 25% that value plus one year minimum rent due to concessions you'll have to make to current or future renters for inconvenience. Should project run over a year, you'll prorate it accordingly.

He won't pull out a check, but he'll know you are serious
This post was edited on 12/7/12 at 3:29 pm
Posted by RetiredG8tr
Pensacola Fl 32503
Member since Nov 2012
44 posts
Posted on 12/7/12 at 4:03 pm to
Remember, the government can take your land and pay you their fair market price.

I would probably try to lease the right-a-way. Remember, the right-a-way also includes new utility lines, etc.

Go for payments instead of an outright sale.....
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