What is an easement?
Category:
Commercial Real Estate
An easement grants another party the legal right to use a portion of a property for a specific purpose without owning it. Common examples include utility easements, drainage easements, shared access, or ingress and egress rights.
Easements may affect how a property can be used or developed, making them an important part of the due diligence process.
If you’re considering purchasing commercial property, I’d be happy to discuss how easements may influence a particular property.
