Colony Title Associates

Everything You Wanted To Know About Easements Part 1

Important facts about easements that all homeowners need to know!

Most frequently an easement is required when there is a shared area of land amongst neighboring properties. There are many elements involved in a variety of different easements. Therefore, it is critical for homeowners to understand what these easements mean in terms of ownership of real property.

The Basics: What Is An Easement?

Basically, an easement is a right to use the land of someone else who actually owns it for certain purposes. These purposes may or may not benefit the owner of the property on which the easement is located. In other words, there is an owner of the land who retains the title of the property while you have the right to use the land as for a specific purpose. In fact, the easement specifies the exact purpose for it’s use. This means that you can only use the property for the sole purpose that is outlined in the easement. Any other use of the property would be a violation of the easement, unless the easements run underground. In those scenarios, the owner of the property may use the surface of the land for other purposes.

Types Of Easements

There are many variations that need to be discussed regarding the different types of easements available. Every single easement will hinge on the type of property in questions. As such, it’s critical for you to fully understand all the distinctions among the various easements.

 

 

A Title Company You Can Trust: Colony Title

At Colony Title, we will help you through the process of getting your property’s title and help you avoid the pitfalls of hidden costs while you buy your home. We are also well trained in identifying any and all errors in public records and helping you resolve them. We specialize in real estate title insurance in both Maryland and Washington, D.C., and we will perform an expert title search, check through all past documentation, and examine records for any fraud or forgery. For more information on how we can get you into the home of your dreams, contact us online or give us a call at (410) 884-1160. To get more updates on housing markets and how to get into your home, follow us on Facebook, Twitter, LinkedIn, and Google+.