The second type of common easement is a private easement agreement between two private parties. This easement is fairly standard in that it gives one party the right to use a piece of property for personal needs. A farmer may need access to a pond or additional agricultural land, for exampl...
Easements in Real Estate | Definition, Types & Examples7:16 Termination of Easements | Meaning & Examples7:58 CC&Rs in Real Estate | Meaning, Purpose & Examples Deed Restrictions in Real Estate | Definition & Examples5:48 Real Estate Liens: Overview & Characteristics6:59 ...
Aneasementis a concept inreal estatein which one party, either an individual or organization, gains the right to use another party’s property in a defined way. In some cases the holder of the easement pays the owner of the property for the right of usage; in others it is created by s...
In real estate, an easement is something that gives someone the right to use land that does not belong to him or her for a set and specific purpose. Common examples include utility poles on private land and shared driveways. Depending on how an easement is set up, it may be integrated ...
An easement in real estate is a property right that allows another individual, business, or government entity access to a certain part of your property. If you are purchasingreal estateand discover an easement, it’s essential to know what it means, what portion of your property it applies ...
Some real estate properties have certain legal rights attached to the property. These rights, called easements, often involve someone other than the property's owner having a right to some aspect or use of the property, usually for a specific purpose. One common example of this is an easement...
Real Estate Crowdfunding Real Estate Investing Basics Types Of Real Estate Investments Real Estate vs Other Investments Benefits of Real Estate Investing Easement Definition: A right of way giving persons other than the owner access to or over a property. Example:Building...
If you haven’t come across the word “easement” before, it’s a real estate term that means someone’s right to access or use another person’s property. Many of us have easements on our property to allow for electric and plumbing companies to operate, while others might need one for...
What is an Appurtenance in Real Estate? Drainage Easement Explained: Your Essential Guide to Property Water Rights What is an Easement Appurtenant? Discussion Comments ByDramacat5— On Dec 12, 2013 A utility easement is similar to a road easement except that a utility easement allows only for...
An easementcan decrease the value of a real estate, increase the value of the real estateor it can have no impact on the value of the real estate at all. The most important fact is that each property and situation should be evaluated on individual basis, taking into account all the circu...