Saturday, July 25, 2015

Definition of 'easement' in real-estate

Definition of 'easement' in real-estate

In real-estate an easement is a section of land that does not belong to the land owner, but usually exists within the boundaries of land area and the owner has been given limited rights to use.

A good example of easement are utility easements, million of homes have utility easements (part of land usually at the end of the backyard where utility companies have cables, pipes, sewers, etc.. underground).  While the homeowners have been given to right to enjoy the land above this easement area, they are not allowed to dig and tamper with the cables, pipes, etc... underground. 

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