An easement is a crucial concept in real estate that every property owner should understand. Here’s a quick breakdown:
✔️ An easement is a right enjoyed by one landowner over the land of another and is granted for a special purpose.
✔️ It’s an interest that runs with the land, meaning it binds subsequent owners.
✔️ Example: A hydro easement under part of a backyard could prevent the property owner from installing a swimming pool.
Knowing about easements can help you make informed decisions about your property. Have any questions? Give me a call!
📞 Frank Lombardo, Realtor at REMAX Escarpment
📱 905-730-2747