Easement In Gross


Definition of "Easement in gross"

Not attached to any parcel of land but merely a personal right to use the land of another.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Dimensional Shingles

Standard precut lumber sizes for lumber industry needs. The typical sizes are 2 to 5 inches thick by 5 to 12 inches wide. ...

Range

Six-mile-wide column of land running north-south in rectangular survey system ...

Rescind

Canceling, nullifying, terminating, or dishonoring a contractual obligation. The Truth-in-Lending Act provides the right of rescission whereby a pers ...

Ridge

Significant elevation of land. Narrow upward strip. Connection of edges between different sloping surfaces. ...

Leasehold Estate

Possession and use of a property estate by virtue of a lease. There are four types of leasehold estates: estate for years, periodic tenancy, tenancy a ...

Woodland

Farm land. Land that has trees on it. ...

Popular Real Estate FAQ

What Is Equity?

Equity is the financial interest or cash value of your home, minus the current loan balance(s). If selling the home, this would also be minus any cost ...

What Is A Debt-to-income Ratio?

A debt-to-income ratio is the percentage of a persons monthly earnings used to pay off all debt obligations. ...

What Is Principal?

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

What Happens When You Prequalify?

When you are prequalified, the lender gives you an estimate but does not formally commit to giving you a loan. ...

Why Do People Refinance?

People finance to obtain a new loan in order to pay off the existing mortgage or to gain access to the existing equity in the home. ...

What Is A Principal?

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Down Payment: Everything You Wanted to Know Luxury Real Estate Forecast Furnished Rental Tips for Real Estate Investors How to Buy a House Quickly What is a Credit Score and How Does it Impact Real Estate?

FAQ

What is zoning? What is a lifetime rate cap? What is a deed? What is the difference between a real estate broker and a real estate agent? When Should I Get Travel Insurance?