What Aspiring Homesteaders Should Know About Easements

| 7/24/2019 10:10:00 AM

Road Leading to Rural Homestead

If you're currently in the market to build or purchase a homestead in a rural area, you may want to learn a thing or two about easements. Easements are common in rural areas, where land owners may have large, expansive properties. If you already own a rural property, you may already understand certain easements and the way they affect property owners in your area. Easements can protect you and other parties when a piece of land must be shared by two individuals. However, as with most real estate concepts, it is best to be armed with knowledge in order to avoid costly mistakes or conflicts in the future. The following tips and information can help you navigate life as a homesteader and land owner. 

What Is an Easement?

An easement is an agreement between two parties to share use of a property. The easement allows the property to remain under the possession of the property's owner, while allowing the second party to use the property for a specific purpose. 

Imagine that two property owners share a common driveway. The driveway is primarily located on property A, but branches off onto property B after about 50 feet. The easement allows the owner of property B to use the portion of the driveway that crosses property A. This is a common scenario that happens often in rural areas, but can be found in cities as well.

Types of Easements

There are many types of easements. The type of easement used depends on who needs to use the property, and for what purpose. 

Easement by Necessity

Subscribe Today - Pay Now & Save 64% Off the Cover Price

50 Years of Money-Saving Tips!

Mother Earth NewsAt MOTHER EARTH NEWS for 50 years and counting, we are dedicated to conserving our planet's natural resources while helping you conserve your financial resources. You'll find tips for slashing heating bills, growing fresh, natural produce at home, and more. That's why we want you to save money and trees by subscribing through our earth-friendly automatic renewal savings plan. By paying with a credit card, you save an additional $5 and get 6 issues of MOTHER EARTH NEWS for only $12.95 (USA only).

You may also use the Bill Me option and pay $17.95 for 6 issues.

Canadian Subscribers - Click Here
International Subscribers - Click Here
Canadian subscriptions: 1 year (includes postage & GST).

Facebook Pinterest Instagram YouTube Twitter flipboard

Free Product Information Classifieds Newsletters