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What does easements mean in property?

Having an easement on your property means that a third party (an individual or a utility company for example) has a right to use your property for a particular purpose. This could be passing by foot or with vehicles over your property, or a right to pass service media for utilities on, over or under your property.

What is an easement in NY?

According to the New York City Bar, an easement is a legal loophole that grants an interested party the right to use another persons property or land in a certain way despite not having any ownership interest. Typically, parties create easements through grants and via written agreements.

What will describe any easements on a property?

What Is An Easement In Real Estate? An easement is defined as the grant of a nonpossessory property interest that grants the easement holder permission to use another persons land. Easement itself is a legal term for a type of property right held by the users of the easement.

Is New York State landlocked?

New York is not landlocked, though at first glance, it appears that the Empire State does not docHub water in either direction. However, New York State has two coastlines. One rests along the Atlantic Ocean and the other is located along the Great Lakes.

What is an easement in NY?

According to the New York City Bar, an easement is a legal loophole that grants an interested party the right to use another persons property or land in a certain way despite not having any ownership interest. Typically, parties create easements through grants and via written agreements.

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