Easements under section 88K of the Conveyancing Act 1919 (NSW) and how Compensation is Assessed. compensation for temporary driveway easements. A drainage easement on your new home parcel uses your land to direct water away from your street. An easement is the legal right of a non-owner to use a specific part of another person’s land for a specific purpose. For example, if the easement interferes with peace or privacy, payment of a sum of money may not be adequate compensation. A common misunderstanding is what an easement is. Ultimately the easement was found to comply with the various requirements of S.88K and was granted by the Court with only $21,500.00 compensation. Adequate compensation for the imposition of the easement. the easement is based on the difference between the value of the whole property before the taking and its value after the taking with the easement in place. What are the purposes and benefits of easements? The pipes or land may move the excess water collected from your entire neighborhood through the land easement area. In the following example, the $60,000 in total compensation includes both the value of the easement rights being acquired and any damages to the remainder property that may result due to the An easement is a legal right to use a parcel of land for a specific and limited purpose. Covered drainage structures are used in grassed ditches or low lying areas. Being the beneficiary of an easement entitles you the rights to the purpose of the easement. When all road plans are finalized and approved by the Board of Commissioners, appraisers begin the evaluation process. As we have considered in another article, when one landowner applies for an Easement over a neighbour's property, it is: Normally an easement will not prevent you from building over or under it. Page 4 Page 13 . For example, if there is an access way through your property, you probably will be able to put a sewer under it or a structure over it. An easement is a registered legal right over a property for a designated purpose such as drainage. In some cases, no payment will be able to compensate the neighbour for the imposition of the easement. I am planning to buy a block of land and wanted some details about storm water drainage. Homes located in the hills, and properties situated on drainage channels or near lakes or rivers, frequently allow drainage easements. My land block blow the street level and don't have any storm water easement, below my land there are town houses but there is also no easement available for storm water. The Impact of Drainage Easements on Buying a Home. B. 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