Casemore Valuation

EASEMENTS, ACQUISITIONS & RESUMPTIONS

easement valuation drainage pipeline

Easements

Section 88B of the Conveyancing Act 1919 enables the creation and release of affecting (easement) interests.

Court orders can be sought under “Section 88k – Conveyancing Act. 1919” for the acquisition of land for permanent or temporary purposes. Examples of this includes easements to drain storm water or perhaps for access to erect scaffolding to maintain a premises or repair a retaining wall. We can provide a valuation for these purposes to be used preferably for negotiation purposes or as evidence as part of an application to the Supreme Court. Since December 1995 the Supreme Court has had the power to make orders imposing easements and access over land where reasonably necessary. In our experience though, most matters are resolved by amicable negotiation.

Court precedents have established valuation reasonings that a valuer may follow in many circumstances, however each matter should be considered individually.

Typically the valuer is only assessing a partial interest in the land (not fee simple) for the easement over the burdened land in favour of the benefitting land(s).

Acquisition and Resumption

The terms of statutory acquisition are set within the Land Acquisition (Just Terms Compensation) Act 1991. Section 55 wherein the relevant items of compensation are detailed. Our firm has extensive recent experience with these, most notably with general road widenings, the “Westconnex Motorway” and Light Rail projects by Transport for NSW. In these actions we act for both displaced owners and tenants.

Please feel free to call me direct (just click here to call from your smart phone). I would be pleased to share our wealth of knowledge when valuing land for an easement or acquisition purposes, Mark Casemore