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 of and use of the easement land, subject to the easement terms.
We are seeking to negotiate with landholders on the current proposed route an option to acquire an easement on their property to build and operate the proposed Western Renewables Link through an Option for Easement. Agreeing an Option for Easement provides certainty about the value of compensation landholders will receive and construction activities to be undertaken on their property if the project receives the required approvals and proceeds to construction (and if AusNet exercises the option). Entering an option for easement is voluntary. You can refuse to enter an Option for Easement.