An easement is a legal arrangement where the owner of a property grants someone else. The right to use their property in some way without the owner giving up legal title to the land. The most common easements are those granted, the public utility companies. They have an easement through private property to maintain equipment like power, telephone, sewer, water, and gas lines easements.
Read Also: Benefits of Selling Your Home During the Holidays
Also, commonly occur when a property owner allows a neighbor to have a right-of-way through their property or for something like a joint driveway. It’s important to note that an easement carries over when a new owner assumes the property most easements continue indefinitely unless terminated in writing, or by mutual agreement, expiration, or abandonment.
Watch the video below:
Subscribe to our YouTube Channel for more Real Estate Free Reports
One of the reasons to call the Agardi Team if you want to buy a home or have one to sell is:
Not only do we sell our clients’ homes for more money and faster than the average area agent, but your home is also more likely to sell. According to 2015 MLS statistics, only 71% of area homes sold during their listing term. Compare that to our 95% of homes listed that sold before the end of the listing term. YOUR HOME SOLD GUARANTEED OR WE’LL BUY IT*
To discuss the sale of your home, call The Agardi Team at 718-755-2882 and start packing!
*Agardi Team and the seller have to agree on the price and the closing date.
