When buying property, it's important to consider the practical limitations an easement imposes. While you may own the entire property, the terms of use imposed by the easement can have a significant effect on the responsibilities and limitations that come with the land. Would the easement, OR the physical elements that come with it, effect future improvements to the property? For instance, would a utility tower prevent you from placing a swimming pool or storage shack in an esthetically suitable part of a back yard? How would a large billboard effect the visual impact of the signage on a retail sales building? What about liability? Who is legally responsible for what happens on property which is subject to an easement? We'll look into that in part three.
Comments
There are no comments for this post. Be the first and Add your Comment below.
Leave a Comment