{"id":86886,"date":"2024-02-07T14:30:29","date_gmt":"2024-02-07T03:30:29","guid":{"rendered":"http:\/\/propertyupdate.com.au\/?p=86886"},"modified":"2024-02-01T08:59:59","modified_gmt":"2024-01-31T21:59:59","slug":"your-complete-guide-to-easements-on-property","status":"publish","type":"post","link":"https:\/\/propertyupdate.com.au\/your-complete-guide-to-easements-on-property\/","title":{"rendered":"Your complete guide to easements on property"},"content":{"rendered":"

When you buy real estate for the first time, you sometimes come across a bunch of unfamiliar terms.<\/p>\n

What's conveyancing?<\/p>\n

What's a pre-settlement inspection?<\/p>\n

What's a trust account?<\/p>\n

And another term that is probably relatively unusual to new developers or investors is \"easement\"<\/strong>.<\/p>\n

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So, in this article, we'll outline what an easement on a property is so that you're not left scratching your head if it ever pops up during your next real estate transaction.<\/p>\n

\"Property<\/p>\n

What is an easement on property?<\/span><\/h2>\n

The legal definition of an easement is the right to cross or otherwise use a portion of someone else\u2019s land<\/em><\/strong>.<\/p>\n

But what does that mean exactly?<\/p>\n

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<\/div>Well, it can mean that you can't build over that portion or easement of land because it's almost like sacred ground.<\/p>\n

Now that doesn't mean that your new property is located on an old cemetery or burial ground.<\/strong><\/p>\n

It may mean that a nearby landowner or a utility authority needs access to portions of your land because the easement is land that contains essential services<\/a>.<\/p>\n

They may need to pass through your property to get to their own property or conduct business.<\/p>\n

An easement is a legal ability to use someone else's land for a certain purpose.<\/p>\n

That's why it's vitally important for small developers to thoroughly understand easements before they purchase a property because it can have an impact on whether the project is still financially viable.<\/p>\n

Buyers can usually find the necessary information on the location<\/a> of any easements on the property title.<\/p>\n

What are the different types of easements?<\/span><\/h2>\n

An easement is a right over another person's land for a specific purpose, but what are those purposes?<\/p>\n

One example is a carriageway.<\/p>\n

This easement is an old term for what is essentially a shared driveway.<\/p>\n

\"Property<\/p>\n

Most commonly these easements prevent the lot without road access from being landlocked.<\/p>\n

In most cases, an easement will burden one lot while benefiting another.<\/p>\n

If we look at the example of a carriageway, the easement will burden the lot it is over, but benefit the lot that it allows access to.<\/p>\n

Examples of different easements include:<\/strong><\/p>\n