Valuation of Easements

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WHAT IS AN EASEMENT? Easements are one of those rarely thought-of items that when they do back their unpleasant head can be a way to obtain disappointment and even lawsuits. The right of a third party-a person or entity-to accessibility and/or use area that you own for a particular purpose, easements come in many types of range and impact. Some are minimal, such as a next door neighbor requiring aspect of your drive way in purchase to gain access to his yard; others, dropping under the term "easement appurtenant," could be as possibly troublesome as a seaside accessibility street or path open to the community traversing over your home. UTILITY EASEMENTS Among the most common residence easements are those organized by resources and the Division of Transport. Such easements allow energy companies to set up and maintain systems and application lines and entitle the DOT to increase a street and substitute water pipe joints as the need occurs. Property entrepreneurs ...