Easement


Definition of "Easement"

Legal right or privilege, such as that arising from a contract, to use land owned by another person or business for a specific purpose. The use should be reasonable for the circumstances.

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Popular Real Estate Terms

Usufructuary Right

An individual's option to fairly utilize another's property. An example is privileges under an easement. For example, a person receives permission to ...

Drainage Easement

The right to drain water through anothers property through a ditch, pipe, or trench. See also drainage right of way. ...

Highway Easement

The construction of a highway right way over a privately held parcel of land. Property owners are entitled to compensation for the value of the prope ...

Utility Easement

An easement granted to a public utility. ...

Subsurface Easement

Owner of land allowing another to use space under the ground, such as to install a sewer or gas line. ...

Easement

Right of one party to use land owned by another party. For example, an electric utility can obtain an easement through court action to place its power ...

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