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Easement
Easement A right-of-way created by grant, reservation, agreement, prescription or necessary implication which one has in land owned by another.
RELATED TERMS--------------------------------------
Grant
To bestow or transfer an interest in real property by deed or other instrument
Prescription
Acquiring a right in property, usually in the form of an intangible property right such as an easement or right-of-way, by means of adverse use of property that is continuous and uninterrupted for the prescriptive period established by state statute.
Land
The earth's surface, extending downward to the center of the earth and upward infinitely into space, including things permanently attached by nature, such as trees and water.
SIMILAR TERMS--------------------------------------
Easement by condemnation
An easement created by the government or government agency that has exercised its right under eminent domain.
Easement by estoppel
An easement created when a person's words or actions lead another to believe that an easement exists.
Easement by necessity
An easement by necessity means that it is allowed by law as necessary for the full enjoyment of a parcel of real estate as it is a right of ingress and egress over a grantor's land.
Easement by prescription
An easement acquired by continuous, open and hostile use of property for the period of time prescribed by state law.
Easement in gross
An easement that is not created for the benefit of any land owned by the owner of the easement but that attaches personally to the easement owner. For exam ple, a right granted by Eleanor Franks to Joe Fish to use a portion of her property for the rest of his life would be an easement in gross.
Easement in gross
The limited right of a person to use another's land -servient estate-. The right is not created for the benefit of any land owned by the owner of the easement, which means there is no dominant estate, as the easement attaches personally to the owner, not to the piece of land.
Easement rights
A right-of-way granted to a person or company authorizing access to or over the owner's land.
PREVIOUS AND NEXT TERMS--------------------------------------
Earned income
All the money you earn. This includes any wages, salaries, tips, net earnings (if you're self-employed) and any other income received for personal services.
Earnest money
Money put down by a potential buyer to show that he or she is serious about purchasing the home; it becomes part of the down payment if the offer is accepted, is returned if the offer is rejected, or is forfeited if the buyer pulls out of the deal.
Earnest money deposit
A deposit made by the potential home buyer to show that he or she is serious about buying the house.
Earthquake insurance
A policy that provides coverage against damage to a home from an earthquake.
Earthquake safety disclosure
By California law, real estate agents or owners are required to prepare a "Residential Earthquake Hazards Report" disclosing the earthquake safety preparedness of all houses sold in the state.
Easement
Easement by condemnation
An easement created by the government or government agency that has exercised its right under eminent domain.
Easement by estoppel
An easement created when a person's words or actions lead another to believe that an easement exists.
Easement by necessity
An easement by necessity means that it is allowed by law as necessary for the full enjoyment of a parcel of real estate as it is a right of ingress and egress over a grantor's land.
Easement by prescription
An easement acquired by continuous, open and hostile use of property for the period of time prescribed by state law.
Easement in gross
An easement that is not created for the benefit of any land owned by the owner of the easement but that attaches personally to the easement owner. For exam ple, a right granted by Eleanor Franks to Joe Fish to use a portion of her property for the rest of his life would be an easement in gross.
This dictionary contains 6433 terms. |
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