Easement

Business / Construction / Easement: A formal contract which allows a party to use another party's property for a specific purpose. E.g. A sewer easement might allow one party to run a sewer line through a neighbors property.
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Implied Easement

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

Easement In Gross

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

Negative Easement

Business / Real Estate / Negative Easement: An easement where the owner of a servient estate is prohibited from doing something on his or her estate that is otherwise lawful, because it will affect the dominant estate. MORE

Party Wall Easement

Business / Real Estate / Party Wall Easement: A party wall can be an exterior wall on a building that straddles the boundary line between two lots, or it can be a commonly shared partition wall between two connected properties. Each lot owner own MORE

Utility Easement

Business / Construction / Utility Easement: The area of the earth that has electric, gas, or telephone lines. These areas may be owned by the homeowner, but the utility company has the legal right to enter the area as necessary to repair or ser MORE

Easement By Prescription

Business / Real Estate / Easement By Prescription: An easement acquired by continuous, open and hostile use of property for the period of time prescribed by state law. MORE