Section 2: Types of Transactions

The following are the most common transactions:

Sale of a right of way interest no longer needed for state highway purposes:

to a governmental entity (GE) with the authority to condemn the property when the state owns fee simple title (see

)

to a GE for monetary savings to the state of future maintenance costs or continued road purposes (see

)

to the abutting landowner(s) when the state owns fee simple title (see

)

to the public
by sealed bid (see

to the abutting landowner(s) or a GE when the state owns access rights (see

)

to the underlying fee owner(s) when the state owns an easement (see

)

Exchange of real property acquired but not needed for a highway purpose (see

Disposition without Consideration (see

)

to honor a reversionary clause

to correct an error or ambiguity

quitclaim of right of way