Replies to This Discussion

Permalink Reply by Rod B. on September 5, 2009 at 2:51

I am not an expert but you can have the timber harvested if you would like but you have to do it before they start clearing on the right of way. Their will be no future growth because they will keep the right of way clear and maintained from here on out. As to the compenstion, what you get now is all you get.

Permalink Reply by Henry on September 5, 2009 at 6:00

So, either get a good lawyer and negotiate well, or let the pipeline go on someone else's land. You don't have to sign the contract.

Permalink Reply by Ms.Dragonslaya on September 5, 2009 at 13:54

Thank you so much for the reply. All this Haynesville shale stuff is like Greek to me.

Permalink Reply by Big Daddy, bcnr on September 5, 2009 at 7:35

Deb, Rod and Henry are correct. Your timber will (should ) be cleared and sold by a licensed timber company. You have the right to pick this company. They normally do a survey of the trees affected by the servitude and quote a market price for them. This and what you and the pipeline company agree upon as far as per rod compensation is what you will be paid. I highly reccomend you and the family let an attorney assist you with this transaction. Servitudes can run 99 years. Once again, you only have one chance to get it right. Also regardless of what the landman tells you, take as much time as you and your attorney need work out an equitable aggreement.

Permalink Reply by Ms.Dragonslaya on September 5, 2009 at 13:56

Once again you come to the rescue. I will call. I was feeling rushed but will take your advice.

Thanks once again!!!!!!!!!!!!!!!!

Permalink Reply by KIM CASWELL on September 6, 2009 at 15:10

hi deb, you can also require future crop value of your timber. if this is not an interstate pipeline and theres no eminent domain issues then you have better bargaing power