Current as of January 01, 2020 | Updated by FindLaw Staff
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In lieu of a one-time lump sum payment for an easement or other property interest allowing a pipeline to cross the property, a landowner and the pipeline company may negotiate an annual fee, to be paid over a fixed number of years. Unless the easement provides otherwise, the annual fee shall run with the land and shall be payable to the owner of record.
Cite this article: FindLaw.com - Iowa Code Title XI. Natural Resources [Chs. 455-485] § 479.44. Negotiated fee - last updated January 01, 2020 | https://codes.findlaw.com/ia/title-xi-natural-resources-chs-455-485/ia-code-sect-479-44/
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