7 Pa. Code § 138e.65. Easement value and purchase price.

§ 138e.65. Easement value and purchase price.

(a)  Easement value. An easement shall be purchased in perpetuity. The maximum value of an easement for purposes of making an offer to purchase an easement under §  138e.66(b) (relating to offer of purchase by county board) shall be the difference between the market value and the farmland value contained in the county appraisal report.
(b)  Maximum purchase price. The purchase price offered for the purchase of an easement under §  138e.66(b) may not exceed, but may be less than, the value of the easement.

Source

   The provisions of this §  138e.65 amended December 26, 1997, effective December 27, 1997, 27 Pa.B. 6782; amended April 30, 2004, effective May 1, 2004, 34 Pa.B. 2421. Immediately preceding text appears at serial pages (239109) to (239110).

Cross References

   This section cited in 7 Pa. Code §  138e.19 (relating to purchasing procedures); and 7 Pa. Code §  138e.68 (relating to title insurance).

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