This form is a Driveway Easement and Shared Parking Agreement. The grantor conveys to the grantee certain covenants, rights-of-way, and restrictions regarding the use of a driveway and parking lot.
Utah Easement - Shared Parking
State:
Multi-State
Control #:
US-00498
Format:
Word;
Rich Text
Instant download
Description
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FAQ
A perpetual lease is one that contains a provision that allows a tenant to renew their lease at the end of every lease term. This means that if the terms are unfavorable for the landlord, they will continue to be as such, ing to the lease.
An easement appurtenant "runs with the land." This means that: ? The easement becomes a part of the land itself (the dominant estate). ? If the owner of the DOMINANT ESTATE dies or sells the property, the easement remains with the dominant estate.
An easement usually is written so that it lasts forever. This is known as a perpetual easement. Where state law allows, an easement may be written for a specified period of years; this is known as a term easement. Only gifts of perpetual easement, however, can qualify a donor for income- and estate-tax benefits.
The notice is probably in the form of a pre-condemnation survey letter or an easement offer. Please remember that this offer is a perpetual easement, meaning they live on forever.
In perpetuity means forever. For example, someone may have the right to receive the profits from land in perpetuity. The term is also commonly used in the context of copyright. A perpetual copyright grants one the right to use the copyright indefinitely.
An easement is an interest in land belonging to another person, so that the easement owner has a limited right to use or enjoy the other person's property. Common easements include rights of way for access, or the right to cross property (including easements for utility service or water conveyance).