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Compensation
When will compensation be paid?
Where a negotiated Option for Easement is agreed, easement compensation (80%) is generally paid at the time the option is exercised, with the balance paid at the time the easement is registered on the land title, which will be detailed in the Option for Easement.
There are also a number of upfront payments available to support Option for Easement negotiations. Detailed information is available in the Landholder guide: Option for Easement process, compensation and benefits.
Where an easement is acquired compulsorily, compensation will be paid in accordance with the provisions of the Land Acquisition and Compensation Act 1986 (Vic).