Understanding Easements
When purchasing property, make sure you understand the nature of
and are aware of any easements existing over the property you wish
to purchase. Easements can be very standard and actually benefit
the property, but sometimes the existence of even a standard easement
may make it impossible for you to make improvements or alterations
you had planned.
An easement generally involves one property owner granting certain
rights over part or all of his or her property in favor of another
(usually adjoining) for a designated purpose. Examples of common
easements include easements for rights of way; a right to drain
water, storm water or sewage; and utility easements – telephone,
as or electricity supply.
If two neighbors decide that one will grant an easement in favor
of the other, it is vital that the document is properly drafted,
signed and recorded with the office of the County Recorder in which
the property is located.
Principal Terms of An Easement Agreement
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Exact nature, terms and conditions of easement(s).
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Exact area which is subject to the easement.
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Price (consideration) if any, to be paid by the party receiving
the benefit of the easement.
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Timing – when the easement is to be granted.
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Who pays the legal, surveying or land transfer cost.
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Confirmation that the easement stays with the respective properties
forever and that the easement document includes subsequent property
owners and heirs.
However, some easements don’t have to be in writing. Examples
of such easements include prescriptive easements, which can result
from continuous use of property, without permission of the owner,
over a period of time.
If your neighbor had made a practice of crossing your property
to get to his property for at least seven years, and you knew about
it but did nothing to prevent it, he/she could acquire an implied
easement to continue to do so.
Ownership rights of property can be imported by an easement, but
the public and/or private parties benefit from the affirmative use
of land for roads, power lines, etc. Due to the additional freedom
of movement the easement generally does not offset marketability.
The Amstadter Team can provide you with a preliminary title report
plotting the easements on your property in question. Just email
us your request to: info@AmstadterTeam.com
Remember, every situation is different. If you have any concern
about your rights as an owner or purchaser, you should consult your
attorney.
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