Midwest Easement Seminar

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Notes

Midwest Pipelines Corridor Easements – Aren’t They All the Same? is a seminar addressing pipeline and corridor easements and their impacts on property value based upon the substantial number of pipelines and corridors crossing the Midwest.

This is not a seminar pertaining to the valuation of corridors or pipeline easements in their entirety (for instance, the corridor or pipeline right-of-way may have a length of several hundred miles). This seminar introduces the appraiser to the concepts to be addressed in any analysis and valuation of property (a single property or tract of land) that is encumbered with a pipeline easement or a corridor of multiple right-of-way uses in one strip.

This seminar is developed to provide appraisers with the educational foundation to provide credible real estate valuation services for properties encumbered with permanent easements for pipelines and other corridor uses. For purposes of illustration and example, the seminar content focuses on permanent easements for underground pipelines and properties subject to a proposed partial acquisition for the construction of an underground pipeline. However, most of the concepts presented in the seminar apply to all permanent easements.

This one-day (7-hour) seminar identifies the necessary information the appraiser needs to properly understand the division of the bundle of rights between the two parties to the easement (the grantor and grantee), the type and sources of available relevant market data, and how to identify the influences of the permanent easement on highest and best use and market value that lead to credible valuation conclusions.

Additional Information

National Disclaimer

This Educational Program was developed by an outside party. The Appraisal Institute Chapter made arrangements for the Third-Party to offer the Program with the intent of addressing topic(s) based on a certain chapter or local need for such topic, solely educational and informational purposes. The Appraisal Institute national organization was not involved in developing or organizing the Program and does not endorse the Program or its content.

The content of this Program, including but not limited to any written materials and presenter comments, does not represent the viewpoint of the Appraisal Institute (defined as including but not limited to, the national organization, its Regions, Chapters, members, candidates, affiliates and staff) unless formally adopted by the national Board of Directors. Further, the Appraisal Institute has not peer-reviewed or approved the content of the Program and does not warrant the accuracy or timeliness of the content of the Program. The Appraisal Institute does not publish examination review materials. The content of the Program is subject to court decisions and local, state and federal laws and regulations and any such revisions of such laws and regulations.

This Program is presented with the understanding that the Appraisal Institute is not engaged in rendering legal, accounting or other professional advice or services. Nothing in the Program is to be construed as the offering of such advice or services. If expert advice or services are required, attendees and readers are responsible for obtaining such advice or services from appropriate professionals.