Definition of Easement:
Interest, permission, privilege, or right which one property owner has in (or through) the property of the other (usually that of a neighbor), for a specific, limited purpose. It may include the right to (1) use the other persons property via right of way, right to take water, right of light and air, right to construct a pipeline under the land, or the right to stretch a power line over the land, (2) take something from it (called positive easement), or (3) prevent its owner from using his or her property in a particular way (called negative easement). Easement may be created by continuous use of the right for a certain number of years (commonly 20) without objection from the propertys owner, or on acquiring an adjoining piece of land.
An easement, or easement agreement, is a real estate concept that defines a scenario in which one party uses the property of another party, where a fee is paid to the owner of the property in return for the right of easement. Easements are often purchased by public utility companies for the right to erect telephone poles or run pipes either above or beneath private property. However, while fees are paid to the property owner, easements can negatively affect property values in that unsightly power lines, for example, can lower the visual appeal of a piece of land.
The state or feeling of comfort or peace.
Used to describe a high-level agreement between the owner of a property and another party—either a person or an organization—a typical easement agreement outlines a form of payment by the petitioner to the owner for the right to utilize the subject of easement for a specific purpose.
A right to cross or otherwise use someone elses land for a specified purpose.
Synonyms of Easement
Comfort, Solace, Abatement, Absolute interest, Aid and comfort, Allayment, Alleviation, Analgesia, Anesthesia, Anesthetizing, Appeasement, Assuagement, Assurance, Benefit, Claim, Comfort, Common, Condolence, Consolation, Contingent interest, Deadening, Diminishment, Diminution, Disburdening, Disencumberment, Dulling, Ease, Easing, Encouragement, Equitable interest, Equity, Estate, Holding, Interest, Lessening, Lightening, Limitation, Lulling, Mitigation, Mollification, Numbing, Palliation, Part, Percentage, Reassurance, Reduction, Relief, Remedy, Right, Right of entry, Salving, Settlement, Shred of comfort, Softening, Solace, Solacement, Soothing, Stake, Strict settlement, Subduement, Support, Sympathy, Title, Trust, Unballasting, Unburdening, Unfreighting, Unlading, Unloading, Unsaddling, Untaxing, Use, Vested interest
How to use Easement in a sentence?
- If you are close with your neighbors you can grant each other easement so if a disaster happens they can fully help out.
- Steven was annoyed that, long after the construction was finished next door, his neighbors continued to use the back part of his property as an easement because it was easier than utilizing the front entrance.
- Another easement seen often is an easement of necessity. This usually occurs when a person needs to use another person's property in order to gain access to their own.
- Registration was suitable for equitable rights such as restrictive covenants and easements, which must continue to bind the land if they are to benefit those entitled to them.
- An easement is an agreement between two parties, where one is granted land access in exchange for a fee.
- If you have easement on another property you may be able to use that to your advantage in certain situations.
- The most common types of easements are utility easements. An example would be a telephone or power company running lines through a property for which they've been granted an easement.
Meaning of Easement & Easement Definition