Property Basics: Easements

When you go to sell your home, or when you are looking to buy, you might find certain situations in which a property has an easement. But what does that mean, and how can it have an affect on you and the use of the property?

Well, the short answer is that it depends on the type and purpose of the easement. A utility company, for example, might claim an easement on the edge of your property to run new sewage lines or power lines. This could result in the loss of space, or just temporary loss of space and use while the new utilities are installed and usually aren't a problem.

But there are other types of easements that could have a greater impact on you. While these situations are not common in most situations, understanding what an easement is and how it can affect you is an important consideration as you look to list or look to buy.

So, take a look at this video, which is produced by US Law Essentials. My sharing of this video is for informational purposes only, and is not an endorsement of US Law Essentials. You can check them out for yourself if you want by clicking in the video.

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5 Fights Couples Have When Buying a House

When my wife and I bought our home in the Northern Kentucky area, it was quite an experience. We had a great Realtor® with whom I am now privileged to work. I can only imagine the things he must have thought about us, showing up to look at houses with our two young boys, talking about if a room was big enough...what was that smell...why would they put the switch over here...

Ah, those were the days!

Thankfully, we didn't actually fight (that I remember) about anything considering a house. We both had a concept together of what we wanted, and a price range. And outside of those things, I didn't care as long as she was happy. No really, I didn't! As long as I could have air conditioning and hot water, I was good!

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Unmaintained furnaces, water heaters and appliances can produce the deadly gas. In addition, other sources could be leaking chimneys, unvented kerosene or gas space heaters or exhaust from cars or trucks operating in an attached garage.
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