Business / Agriculture / Easement: A landowner sells or surrenders the right to develop a portion of the property, usually in return for a payment or some other benefit. Some local and state governments, and land trusts, have programs to acquire development easements from landowners to prevent conversion of farmland to other uses. Since the mid 1970s, conservation easements have been purchased to protect nearly 420,000 acres of farmland in 15 states, primarily in the Northeast.
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Business / Real Estate / Implied Easement: When the owner of two or more adjacent properties sells a part thereof, he or she grants by implication all those apparent and visible easements which are necessary for the reasonable use of the prope MORE
Business / Real Estate / Easement In Gross: An easement that is not created for the benefit of any land owned by the owner of the easement but that attaches personally to the easement owner. For exam ple, a right granted by Eleanor Franks to Jo MORE