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Option for Easement process
What is an Option for Easement?
An Option for Easement is a legally binding agreement (in the form of a deed) between parties that grants one party (the grantee - AusNet) the right to acquire an interest from another party (the grantor – the landholder) on agreed terms, including compensation and payments, within a set time period. The landholder continues to have ownership and use of the easement land, subject to the easement terms.
If you are a landholder on the current proposed route, AusNet is seeking to acquire an easement on your property through an Option for Easement agreement. This option allows AusNet to build and operate the proposed Western Renewables Link transmission line if the project receives the necessary approvals and proceeds to construction. Agreeing to an Option for Easement gives you certainty about the compensation you will receive and the construction activities that may take place on your property, should the option be exercised.
While agreeing to an Option for Easement is voluntary, the Option for Easement is legally binding once signed. If agreed by you, the Option for Easement will grant us a right to acquire an easement on your property to accommodate the proposed transmission line under agreed terms (e.g. indicative location of the easement, fees, compensation amount for the easement and property access arrangements) within a nominated time period.
The Option for Easement proposal is a starting point for compensation discussions, and we encourage you to seek professional advice and provide feedback to us prior to reaching agreement.