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When determining land value, is an easement or an electricity encumbrance on land (voltage lines) considered an encumbrance?

April 26, 2017determining easement electricity encumbrance land value voltage

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When determining land value, is an easement or an electricity encumbrance on land (voltage lines) considered an encumbrance?

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No. For the purposes of duties, these are not encumbrances and are taken into account when determining the value of the land. See section 11(7) and 14(1) of the Duties Act 2001.