Q:
What is a "deed of easement"?
A:
Quick Answer
A "deed of easement" is a signed, legal document that grants the right to use another person's land for a specifically stated purpose, according to About.com This deed is different from a right-of-way easement, which gives someone the right to travel across property that is owned by another person.
Continue ReadingFull Answer
A common example of a deed of easement is one that gives a utility company the right to put up power lines or bury pipes on a property. In this example, both the landowner and the person or company that needs to utilize the land benefit from a deed of easement. A landowner who grants a deed of easement faces restrictions on what can be done to that portion of land, specifically in regards to building new structures or fencing on it.
Learn more about Real EstateSources:
Related Questions
-
Q:
What is a deed in lieu of foreclosure?
A: A deed in lieu of foreclosure is a title-transferring document that delivers title from the homeowners to the bank that holds the mortgage, according to Ab... Full Answer >Filed Under: -
Q:
What is claim-free government land?
A: Claim-free government land, meaning cheap or free land that the government offers to the public, no longer exists, and homesteading on unused federal land ... Full Answer >Filed Under: -
Q:
What is a property deed?
A: A property deed is a legal document that transfers ownership of a property to another person, explains FindLaw. It contains information about the real esta... Full Answer >Filed Under: -
Q:
What is a gift deed for real estate?
A: In real estate, a 'gift deed' is a notarized document that transfers ownership of property to another person. Gift deeds are only used when there is no pay... Full Answer >Filed Under:
