Billionaire real estate mogul Glenn Rhee owns two large parcels of land in Alexandria, VA: Greenacre and Blueacre. Greenacre is to the north and Blueacre is directly south. Both parcels of land are surrounded by protected conservation land. A state highway runs perpendicular to the properties. Highway __ __ __ __ __ __ __ __ __ __ __ __ __ ______________________________________________________________________ Six years ago, Mr. Rhee decided to leave the real estate business and open a chain of pizza restaurants called “Maggie’s Slice.” Greenacre was quickly purchased by Walker Treatment Inc., which is a hazardous materials treatment center. For the past six years Walker Treatment Inc. has crossed over Blueacre in order to reach the highway that runs perpendicular to the land. Greenacre does not have its own access to the highway. Walker Treatment Inc. uses the highway to pick up hazardous waste from all over the county and processes it at its treatment center. Occasionally, customers will transport their hazardous waste to Walker Treatment and cross over Blueacre. Rick and Michonne Grimes have decided to purchase and develop Blueacre. They have plans to build a large shopping mall and high-end condos near the highway to attract Greenacre Owned by Walker Treatment Inc. Blueacre Owned by Grimes               commuters. They are also going to construct a large sound barrier wall to help improve the ascetics of the mall and condos. Walker Treatment Inc. has now come to the Grimes asking for an easement to transport hazardous materials over Blueacre in order to reach their facility on Greenacre. Rick and Michonne consult their attorney for answers: For this assignment you are the attorney. Please write thorough responses to the Grimes’ questions below. How would you advise them on the following topics? 1) Can you please explain what an easement is in simple terms? 2) Do we have to grant an easement to Walker Treatment Inc.? If so, why? 3) Can we charge a fee for granting an easement? 4) Can the easement be terminated? If so how? 5) Are we in danger of losing our property through adverse possession? Why or why not? 6) As husband and wife, what are our rights in the property? 7) What if Walker Treatment possesses a nuisance with all their trucks, fumes etc. what protections will we have? 8) Are there any special protections against toxic waste?

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Billionaire real estate mogul Glenn Rhee owns two large parcels of land in Alexandria,
VA: Greenacre and Blueacre. Greenacre is to the north and Blueacre is directly south.
Both parcels of land are surrounded by protected conservation land. A state highway
runs perpendicular to the properties.





Highway

__ __ __ __ __ __ __ __ __ __ __ __ __
______________________________________________________________________


Six years ago, Mr. Rhee decided to leave the real estate business and open a chain of
pizza restaurants called “Maggie’s Slice.”

Greenacre was quickly purchased by Walker Treatment Inc., which is a hazardous
materials treatment center. For the past six years Walker Treatment Inc. has crossed
over Blueacre in order to reach the highway that runs perpendicular to the land.
Greenacre does not have its own access to the highway. Walker Treatment Inc. uses
the highway to pick up hazardous waste from all over the county and processes it at its
treatment center. Occasionally, customers will transport their hazardous waste to
Walker Treatment and cross over Blueacre.

Rick and Michonne Grimes have decided to purchase and develop Blueacre. They have
plans to build a large shopping mall and high-end condos near the highway to attract


Greenacre
Owned by Walker Treatment Inc.



Blueacre
Owned by Grimes

 
 
 
 
 
 
 
commuters. They are also going to construct a large sound barrier wall to help improve
the ascetics of the mall and condos.

Walker Treatment Inc. has now come to the Grimes asking for an easement to transport
hazardous materials over Blueacre in order to reach their facility on Greenacre. Rick
and Michonne consult their attorney for answers:

For this assignment you are the attorney. Please write thorough responses to the
Grimes’ questions below. How would you advise them on the following topics?

1) Can you please explain what an easement is in simple terms?
2) Do we have to grant an easement to Walker Treatment Inc.? If so, why?
3) Can we charge a fee for granting an easement?
4) Can the easement be terminated? If so how?
5) Are we in danger of losing our property through adverse possession? Why or
why not?
6) As husband and wife, what are our rights in the property?
7) What if Walker Treatment possesses a nuisance with all their trucks, fumes etc.
what protections will we have?
8) Are there any special protections against toxic waste?



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