Consideration of Easements In South...
Transcript of Consideration of Easements In South...
Consideration of Easements In South Dakota
2011 New Horizons in
Oil and Gas Conference
South Dakota’s Commissioner Of School and Public Lands
Jarrod Johnson
October 6, 2011
Rapid City, SD
What is an Easement? “An interest which one person has in
the land of another. A primary
characteristic of an easement is that its
burden falls on upon the possessor of
the land from which it is issued and that
characteristic is expressed in the
statement that the land constitutes a
servient tenement and the easement a
dominant tenement.”
- Black’s Law Dictionary
What is an Easement?
A legal right to use someone else’s land
for a specific purpose. Once that right
is established, it takes priority over
other uses of the land in the area where
the easement exists.
Key Point: Easements should
always be for a specific purpose.
Easement
An easement is the right to use
another person's land for a stated
purpose. It can involve a general or
specific portion of the property.
Right-of-Way
A right-of-way is a type of easement that gives
someone the right to travel across property
owned by another person.
Landowner Issues
Easements Granted (wind, access, transmission,
shadow, flicker, noise…) Crop Damage / Other damage Indemnification Liability Cap for Landowners
Insurance
Development Milestone
Decommissioning Bond Most Favored Nations Clause Confidentiality Provisions Development Covenant
Allocation of Payments Definition of Gross Revenues
Termination
Provisions that survive termination
Non-Interference Provision
Personal Development (small wind
and solar)
Wind Data CRP Land
Taxes
Audit Rights (in the case of a royalty)
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