What is An Easement in Real Estate?

An easement gives another party the right to access your property without your permission and in ways you don’t necessarily agree with. This is beneficial and harmful at the same time for the party.

 

What is an easement in real estate?

An easement is defined as the grant of a nonpossessory property interest that allows another party who has the hold of the easement paper, to enter into the subject property without any restriction. This is a legal term for having some rights to the property that is still not for them. Simply put, if you issue an easement for a property, you can enter into that property by showing the paper. The actual owner of the property is legally bound to let you into the house.

 

How does an easement work?

If there’s an easement held on your property by an individual or entity, that party has the full right to enter the property. But they must follow the guideline that was inducted into the easement paper, or else they can be sued for the conduct. It seems very complicated and problematic, but usually is not. Suppose, a local power distributor company can have an easement on your property, and they can go into the property whenever they want if there is an emergency.

 

Is an easement bad?

An easement is a good thing for the owner. It might seem a bit weird and invasive at first. This is very practical and helps at the moment that you will need help. Sometimes, easements are created for the benefit of the entire neighborhood, such as a safe path to school for neighborhood kids.