Albuquerque New Mexico Agreement Between Co-Owners for Maintenance and Repair of Common Easement

• Category: Real Estate - Easements and Rights of Way
• State: Multi-State
• City: Albuquerque
• Control #: US-00987BG
• Format: Word; Rich Text

Description

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.