Easements in real estate refer to the legal rights accorded to a party or entity over another person’s property. They provide non-owners with access to or through the property for specific purposes. These are primarily classified into two categories, ‘easements appurtenant’ and ‘easements in gross.’
‘Easements appurtenant’ involves two separate parcels of land owned by different parties. One parcel (the servient tenement) carries the burden, while the other (the dominant tenement) gets the benefit of the easement right. This could be a right-of-way where one property owner has the right to pass through the neighbor’s land, typically seen in rural properties.
On the other hand, ‘easements in gross’ benefit a company or individual directly instead of a parcel of land. A common example is utility easements, where utility companies have the right to use sections of another entity’s property for infrastructure such as power lines or gas mains.
The purpose of easements overall is to clarify rights and prevent disputes over property use. They are essential for the functioning of many day-to-day necessities and often increase the overall value of a property by providing access or utility services.
#1. What is an easement in real estate?
B is the answer. An easement in real estate is the legal rights accorded to a party or entity over another person’s property. It allows non-owners access to or through the property for specific purposes.
#2. How many categories are easements primarily classified into?
B is the answer. Easements are primarily classified into two categories – ‘easements appurtenant’ and ‘easements in gross.’
#3. What is an 'Easement appurtenant'?
C is the answer. ‘Easements appurtenant’ involves two separate parcels of land owned by different parties. One property carries the burden while the other gets the benefit of the easement right.
#4. What does 'easement in gross' refer to?
B is the answer. ‘Easements in gross’ benefit a company or individual directly instead of a parcel of land. A common example is utility easements.
#5. What is the purpose of an easement in real estate?
B is the answer. The purpose of easements is to clarify rights and prevent disputes over property use. They are essential for the functioning of day-to-day necessities and often increase the overall value of a property.
#6. Do easements typically increase the value of a property?
B is the answer. Easements often increase the overall value of a property by providing access or utility services which can be beneficial for the property.
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