A permanent easement outlives the project, the agent and usually the owner who signs it. It runs with the land.
A permanent easement grants rights that continue indefinitely and bind future owners. You retain title to the strip but not free use of it.
Because the restriction is permanent, its effect on value is permanent too. Every future sale of the property carries it.
Where the corridor sits on the parcel.
ExplorePermitted usesWhat the holder may do within it.
ExploreYour retained rightsWhat you may still do on the strip.
ExploreAccess provisionsHow the holder reaches the corridor.
ExploreValuationHow a permanent restriction is priced.
ExploreEffect on saleWhat a future buyer will make of it.
ExploreAs it stood, unencumbered.
Width, purpose, duration and restrictions.
With the corridor and its restrictions in place.
Effects beyond the strip itself.
That difference is the compensation question.
Tell us what is happening and we will point you to the Virginia resources that fit your situation.
Get Help