Thursday, December 27, 2012

Understanding Easements

Before you purchase property you should know if there any easements on the property, where they are located and what restrictions are associated with them. An easement is a privilege acquired by a landowner for the benefit of their land over the land of another. It is the right to use another person's land for a stated purpose, An easement can be granted for any length of time. Here are three basic requirements to form an easement:

1) Two parcels of land must be affected.
2) The land must benefit, not just the landowner.
3) The boundaries must definable with some accuracy and there must be a granter and grantee.

A right-of-way is a type of easement that gives someone the right to travel across property owned by another person. An easement can benefit an individual or a business entity. Hydro, sewer and water are common examples of some right-of-ways. Another example of a right-of-way is if you decided to give your neighbour access to your private waterfront beach by allowing them exclusive use of a six foot strip of land down one side of your property.

Be aware that you cannot build a structure on an easement i.e. you would not be able to build a garage. Don't assume that because an easement is not currently being used that it will never be used. As long as an easement on title, there's always a possibility that the individual who benefits from it will decide to enforce it.

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