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Wednesday 28 December 2011

Easement: What Is Easement?

Easement is a right given by you (homeowner) to another person or entity to cut across your property.

Easements are given to utility companies to run cables and pipes over and under lands.

Easement, rights-of-way and statutory rights-of-way are used interchangeably by the public.

Almost every home has an easement.

Easement runs with the land. When you buy the property, the easement will come with it, sort of like husband and wife.

You cannot build on top of a easement.

Easements can be linked to Prescriptive Rights, Adverse Possession (Squatters' Right) and  Restrictive Covenants.

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I am a realtor specializing in the residential properties in the Greater Vancouver, British Columbia. I have been awarded with 15 years top achievement Medallion Award by the Greater Vancouver Real Estate Board.