Deed Of Easement For Water Pipe

State:
North Carolina
Control #:
NC-01905BG
Format:
Word; 
Rich Text
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Description

Easements are limited rights to use land owned by others in fee. Easements in gross are held by persons. They detach rights from land and attach to a person. Unless somehow limited in time they can be conveyed separately from the holder's other lands. Mineral rights, timber rights, hunting rights, and public road and utility easements are examples.


Title is a legal term for a bundle of rights in a piece of property in which a party may own either a legal interest or an equitable interest. The rights in the bundle may be separated and held by different parties. Examples are as follows:


" Water rights;

" Mineral rights;

" Easement to neighboring property, for utility lines, etc.;

" Timber rights;

" Farming rights;

" Grazing rights;

" Hunting rights;

" Air rights;

" Development rights to erect improvements under various restrictions; and

" Appearance rights, often subjected to local zoning ordinances and deed restrictions.


As an interest in real property, an easement may be created by an express grant and should be drawn and executed with the same formalities as would be employed with a deed transferring realty. As for any conveyance of an interest in real property, a grant of an easement must describe the land that is to be subjected to the easement with sufficient clarity to locate it with reasonable certainty. An easement should be properly recorded; an unrecorded easement may not be enforceable against a subsequent purchaser.

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FAQ

Within 60 days after the date of receipt of the full payment of the mortgage, lien, or judgment, the person required to acknowledge satisfaction of the mortgage, lien or judgment shall send or cause to be sent the recorded satisfaction to the person who has made the full payment.

If the satisfaction isn't recorded within a minimum of 60 days, they may incur penalties and be held liable for damages and attorney's fees.

A settlement agent or title insurance company may release a deed of trust or judgment lien in ance with the provisions of this subsection (i) if the obligation secured by the deed of trust or judgment lien has been satisfied by payment made by the settlement agent and (ii) whether or not the settlement agent or ...

A satisfaction of mortgage is a crucial document for any homeowner. Not only does it prove your ownership, but it allows you to use your home as you see fit. Whether you want to put your home up for sale or refinance it, you'll need that document.

Suppose a mortgage lender fails to record a Satisfaction of Mortgage document within 60 days from the final payment date. In that case, you can file a lawsuit against the mortgagee. Contact a local law firm to speak with an intake specialist about your legal options.

No deed of trust or mortgage heretofore or hereafter given to secure the payment of money, and no lien heretofore or hereafter reserved to secure the payment of unpaid purchase money, shall be enforced after 10 years from the time when the original obligation last maturing thereby secured shall have become due and ...

A deed of reconveyance, also known as a satisfaction of mortgage, is a document that proves you've paid off your mortgage. The deed of reconveyance releases the lien the mortgage lender placed on your property. You'll need this document to prove a clear title when you sell your home.

020 sixty days from the date of such request or demand, the mortgagee shall forfeit and pay to the mortgagor damages and a reasonable attorneys' fee, to be recovered in any court having competent jurisdiction, and said court, when convinced that said mortgage has been fully satisfied, shall issue an order in writing, ...

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Deed Of Easement For Water Pipe