An easement is an interest that runs with the land.

EAn easement is an interest that runs with the land. It is defined as a right enjoyed by one tenement over another tenement, usually granted for a special purpose rather than for the general use and occupation of the land.

Once granted, an easement attaches to the land and bind subsequent owners. The easement must have both a dominant tenement and is servient tenement. Typical easements include: a party wall agreement such as in a duplex, an encroachment agreement, like when one owner has inadvertently built the fence over the adjoining owners land, a right-of-way for pedestrians or vehicles, or utility agreement granting a utility company the right to place and maintain utility lines, pipes or equipment.

Easements can be created by express grant (where an owner decides to grant a privilege to another owner), prescription ( also known as squatters rights), implication (if a parcel of land is landlocked), or statute ( usually for public utilities or telephone companies). They may be terminated through merger, release, or disappearance of purpose.

– Real Estate Encyclopedia (Canadian Edition)

Keith Marshall is a realtor with Prudential Grand Valley Realty, serving Kitchener, Waterloo and Cambridge. If you’re thinking of buying or selling your home, please give me a call. I aim to take the stress and mystery out of the home buying and selling process.

Past vocabulary words:

A

B

C

D

More from Keith Marshall
Beechwood Forest
Beechwood Forest – The other Beechwood A quiet suburban neighbourhood filled with...
Read More
Join the Conversation

4 Comments

Leave a comment
Leave a comment

Your email address will not be published. Required fields are marked *