An easement is a right in the land of another. The right is often described as the right to use the land of another for a special purpose. An easement gives one party the right to go onto another party's property. An easement is a real property interest, but separate from the legal title of the owner of the underlying land.
In this agreement, co-owners of an easement agree to share the costs and expenses of maintaining the easement.
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Who is responsible for maintaining an easement in NC? If there is an easement on your land, you're generally responsible for maintaining the area.
Contracts & Legal A Request for Equitable Adjustment (REA) is an official request from a contractor to a contracting officer asking for an equitable change to the contract price based on a change to the contract requirements.
A request for equitable adjustment, commonly referred to as an REA, is a contractor's request to the government for a unilateral adjustment to the contract price or schedule, or both, due to a change arising during contract performance that was not included in the initial contract scope of work nor contemplated at the ...
Typically, reciprocal easement agreements ("REAs") are used when a property is owned by more than one person or entity, and the persons or entities wish to develop the property as an integrated shopping center.
Most REAs are submitted under the Changes clause. The Changes clause requires contractors to assert their right to an adjustment within 30 days of receipt of a formal change order.
In the absence of an agreement to the contrary, the owner of the dominant estate has the general duty to repair easement damage. Where breach of this duty can create a danger to a third person, the liability for that injury follows the duty to repair.
An agreement that: Provides for the rights and obligations of multiple owners of real property. Ensures harmony in the development, operations and maintenance of the affected real property.
An easement grants to the holder a right to use land owned by another. Easements that grant usage rights are affirmative easements, while easements that restrict the use of one's own property are negative easements. Easements also differ in the way they are created and in how they are passed.
