There is an easement that covers a large portion of my land. Its 180 foot in diameter encompasses approx 8 acres and close to a half century old . Why would the utility refuse to sell it back to the current land owner for fair market value? The utility has no plans for the easement. The purpose for the original purchase was cancelled close to 40 yrs ago. The utility back 40 yrs ago never acquired less that a third of the easement it needed for the proposed line it was going to build . The ones they did acquire are not contiguous. The utility is holding the asset and landowners are paying all the taxes and maintaining the property .
The utility has the asset on its books as a non performing asset in all likely hood.
The question at stake is what can the land owner do to acquire the easement back and clear the cloud.
Thanking you in advance
We can't guess as to why the utility has done this. Typically utility easements don't create a cloud on title unless it is a very unusual easement. Is there something special about this, that makes it unique from most utility easements?
Have you attempted to sell the property and were unable to due to the easement?
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