Bancstac

Utility easements seem to be a mundane topic, but the truth is, they are far from it-they have huge relevance to the business owner. Having a little bit of insight into indiana utility easement laws can help a well-informed entrepreneur save a lot of unexpected legal fees and site management costs.

For retailers like Bancstac, their business is fashion. On their website accolades note that they have transformed street style into elite streetwear. Their audience is young, hip and tech savvy. But how does all of this relate to utility easements?

The best answer comes from the concept behind brick-and-mortar. Wanting that in-person shopping experience has led to the opening of their first physical store. When you think about space, location is key-like popular Indiana cities such as Indianapolis, which is the second largest city in the state and one of the fastest growing cities in the country. But for an urban company there are restrictions, such as utility easements, that must be considered.

The other side of these restrictions is strategic planning. The owners of Bancstac are smart to recognize and plan for these types of policies before making any moves. A utility easement could put them in a problematic position if they don’t take this into consideration. Being smart and strategic is what will help propel their clientele and has now prompted them to open a new Chicago location.

When we think of business, we think of growth. And for some, that growth includes the desire to practice sustainability, environmentally friendly practices and fair trade practices. However, if looking to expand, certain laws would not allow the building of an eco-friendly dome dwelling because a utility easement is present. Again, you’re left with a choice: pay the fees or move on.

A lot of businesses find out the hard way that easement law exists. According to this Yahoo Answers post, a new business owner had no idea. And with Indiana being one of the states who enforce easement laws, it really isn’t a subject to take lightly.

The post goes on to detail a variety of issues that can arise when developing land to start your business. About everything can go wrong, even to the point of a tree being cut down on someone else’s property. To avoid all of these issues you need to know what easement laws are out there and what applies to you. You’ll want to have the space needed to start your business without any costly surprises.

Specifically, the article details the concept of right of way. This means that a person has been given permission to travel through another’s land. Right of way easements are common for underground phone lines, power lines and other energy sources to travel. From an Indiana real estate law point of view, if a power line company has an easement on a property, the company has the right to operate there. Plus, it allows for utilities to pull power from another property.

As you can see, easements are very deeply rooted into the concept of energy. What would happen if an easement were to suddenly expand? Or when there wasn’t consent to operate on that land anymore? Not only would the owner of the parcel without consent be upset, but the electric company would hit a wall. This is why it’s important to know Indiana Utility Easement Laws.

If you’re a business owner or professional who deals with properties and land, you may want to consider consulting with a lawyer about easement laws in Indiana. From basic research, you’ll know whether it’s something you should be aware of. And you won’t have to go the Yahoo Answers route (which really isn’t the best source as other’s note the advice there isn’t accurate), but you can start with the article.

Save yourself a lot of headaches by knowing in advance what you’re dealing with when it comes to Indiana Utility Easement Laws. For more information on property laws, you can visit Wikipedia.