When purchasing a property, it’s essential to understand all the legal aspects tied to the land you’re investing in. One of the key concept’s buyers may come across is an easement. But what exactly is an easement, why does it exist, and what does it mean for you as a homeowner?
In this blog, we dive into the ins and outs of easement and how it can affect you or your property.
What Is an Easement?
An easement is a legal right that allows someone other than the property owner to use a portion of the property for a specific purpose. Easements are typically created for practical reasons that benefit both public services and property owners. Common examples include:
- Utility Easements: Allow utility companies access to install or maintain