Is it bad to have an easement on your property?

When you're buying a house, you might find out that the property has an easement on it. Essentially this means that someone other than you could have access to the land. This isn't necessarily a bad thing. For example, utility companies typically hold easements in case they need to access pipes or cables.

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Virginia General Easement Grant to Town

Easement Town

Name: Virginia General Easement Grant to Town
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.77 (335 reviews)

Category:

Virginia Real Estate - Easements and Rights of Way

State:

Virginia

Control #:

VA-EAS-7

Format:

Instant download

Description

Provides town with an easement to be described by drafter.

An easement gives one party the right to go onto another party's property. That property may be owned by a private person, a business entity, or a group of owners. Utilities often get easements that allow them to run pipes or phone lines beneath private property. Easements may be obtained for access to another property, called "access and egress", use of spring water, entry to make repairs on a fence or slide area, drive cattle across and other uses. The easement is a real property interest, but separate from the legal title of the owner of the underlying land.

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How to fill out Virginia General Easement Grant To Town?

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FAQ

When you're buying a house, you might find out that the property has an easement on it. Essentially this means that someone other than you could have access to the land. This isn't necessarily a bad thing. For example, utility companies typically hold easements in case they need to access pipes or cables.

This deed of easement grants simple rights over the grantor's land in return for a payment made by the grantee to the grantor. It contains optional clauses for a lender to give consent to the grant of the rights.

An easement can decrease the value of a real estate, increase the value of the real estate or it can have no impact on the value of the real estate at all. The most important fact is that each property and situation should be evaluated on individual basis, taking into account all the circumstances.

The Good Relationship. The person with the property often has a working or good relationship with neighbors.The easement is sometimes a necessity because of restrictions of the land the other person owns or is leasing such as a company or organizational situation.

A property easement is a legal situation in which the title to a specific piece land remains with the landowner, but another person or organization is given the right to use that land for a distinct purpose.Or, you could have an easement on part of your property if it blocks access to a main road.

Ask him to grant you a formal easement by deed. Your neighbor the servient, or burdened landowner can give the easement of his own accord, but he is not obligated to do this. The chances are, you will have to negotiate a price; an easement is, after all, an interest in land, which has a value attached to it.

Benefits the owner of adjacent land. The easement is thus appurtenant to the holder's land. The benefited land is called the dominant tenementThe land that benefits from an easement., and the burdened landthat is, the land subject to the easementis called the servient tenement.

Easement Town

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