| Real estate can have limitations set on it by government agencies, for example zoning restrictions. However, private entities can set restrictions on real estate as well. The main source of private restrictions on real estate is easements. A real estate owner can sell or give away easements to others. The other party gains the right of use or access for specific reasons. Sometimes an easement is even transferable. There are many types of real estate easements and we will take a look a few of them. |
| Easement in Gross: This type of easement is sometimes known as a commercial easement. An easement in gross is a set of personal rights that run with the user and not with the property. This means that they can only be used for that specific use granted and have nothing to do with the granting parties real estate. An example of this is when an utility company purchases an easement to run power lines. Even if the property is sold that easement is still in force Cedar City Utah hotels. |
| Easement Appurtenant: This easement is a non-personal set of rights that are tied to the land. Let's look at an example of this. You have just purchased a piece of raw ground. You decide you wish to subdivide the lot and sell have a half-acre parcel that will be behind your lot. The problem is that you will land lock the back parcel if you do this. To solve the problem you create an easement that is thirty feet wide down one side of your property. This easement allows the owners of the property in the rear access to their real estate. It is in place indefinitely. It can never be blocked off or shut down. The only way to remove the easement is in a court of law, having the other owner abandon their right of way, or by merging the properties under one title again Cedar City Utah hotels. |
| The next time you purchase real estate look at the title report (a summary of the properties history, including easements) to see if there are any easements encumbering the property. |