Grants and Agreements
The following agreements are used to convey certain rights depending on our ownership in property and the level of rights being requested
Easement
Ownership where our rights are limited to the rights stated in the easement deed and rights needed or useful to exercise the stated rights.
Fee
Ownership where we have all the property rights for the property except for rights reserved by the prior owner or conveyed away by CMP.
Letter of Permission
Temporary, personal rights, not assignable and terminable; used when we have fee ownership.
Use Agreement
Grants our consent for specific use with conditions and may be terminable; used when we have easement ownership.
Permanent Use Agreements
Grants our consent for specific permanent use with conditions on our easement only.
License
Contract for temporary rights, not assignable and terminable.
Lease
Contract for temporary rights, may be assignable, typically involves periodic lease payments.
Assessment Agreement
An Assessment Agreement grants entry to our corridors for evaluation of major co-linear projects such as natural gas pipelines. This agreement is only for large commercial projects that involve considerable dedication of our resources during the evaluation process. We will not begin the assessment process until the Assessment Agreement is executed.