Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How will property owners be compensated for their land?

April 26, 2017Compensated land owners Property

0

Posted

How will property owners be compensated for their land?

1 Answer

0

Posted

We first need to determine the fair market value of the property and how the pipeline construction will affect it. Our land rights negotiator will work with persons familiar with the local real estate market to help make this assessment. Our offer will be based on this information and is subject to adjustment to recognize special factors identified by the landowner. In addition, landowners will be compensated for specific damage to their property caused by our survey and construction activity, such as the removal of trees or crops. Any damage to fences will be repaired.