Definition of "Implied easement"

Todd Lands real estate agent

Written by

Todd Landselite badge icon

Charles Reinhart Company

  1. Property used consistently for many years by someone without challenge from the owner.
  2. Easement resulting from law such as the reasonable expectation that a purchaser of one or two homes owned by the seller will be able to use a common driveway after one of the houses is bought. If the seller wishes this not to be the case, it must be explicitly stated.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Upon satisfaction of a mortgage or other debt payments, the deed releases property, or a portion of it, form the incumbrance. Often it is used in circumstances where a deed of trust is ...

Neighborhood square somewhat resembling a park. It is often owned by town or row house owners situated near the square. ...

A way to sell and finance property by which the seller keeps title but the buyer takes possession while installment payments are being made. The gain is taxed while the mortgage ...

Court or government regulatory order to stop doing something, such as not showing minorities certain neighborhoods. ...

Arrears is a legal and financial term used to describe payments in regards to their due dates. While the term is more often used to refer to a contractual obligation or liability that was ...

Technique used to estimate how the value of a parcel of land will affect its ability to support a given commercial improvement leaving sufficient residual net income to maintain adequate ...

Stairs or porch by the front door of the house. ...

Individual who gives false statements under oath, which is a criminal act punishable by imprisonment and fine. An example is signing a tax return that fraudently understates rental income, ...

Amount the taxpayer gets back when he or she files the tax return at the end of the reporting year because taxes were overpaid for that year. The tax overpayment equals the tax payments ...

Popular Real Estate Questions