Easement Real Estate Sample With Property

State:
Multi-State
Control #:
US-00993BG
Format:
Word; 
Rich Text
Instant download

Description

The Termination of Easement by a General Release form is designed to formally end an easement agreement between two parties, identified as the Releasor and the Releasee. The form requires input of the date of the release, names and addresses of both parties, and details regarding the original easement granted, including its nature and the property description. This document is particularly useful for situations where an easement is no longer needed or where the parties have mutually agreed to terminate it. Users will find that the form streamlines the process of discontinuing easements, ensuring all necessary information is captured clearly and concisely. Key features include a section for mutual consideration payment, which must be acknowledged by the Releasor, as well as space for notarization—making the document legally binding. It is relevant for attorneys facilitating real estate transactions, partners involved in property development, property owners wishing to reclaim their rights, and paralegals assisting in paperwork. Legal assistants can use this form to support clients by simplifying the termination process and ensuring compliance with real estate laws. It effectively provides a clear and straightforward method for terminating easements, serving the needs of a broad audience engaged in real estate matters.
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FAQ

In California, an easement is defined as a right granted to an entity to use a piece of property belonging to a separate individual or entity for a specific purpose. The most common types of easements in real estate are those that grant road or utility access.

Appurtenant commonly refers to easements or covenants, and also refers to permanent additions or improvements to the land. Appurtenant rights and restrictions pass to new owners as the land is sold or transferred. Most frequently, a house, garage, or swimming pool would be considered appurtenant property examples.

Easements are either ?appurtenant? or ?in gross.? An appurtenant easement benefits a specific parcel of land, known as the dominant estate. The parcel over which the easement runs is called the servient estate. An appurtenant easement attaches to the ownership of the dominant estate.

On this page you'll find 13 synonyms, antonyms, and words related to easement, such as: access, passage, legal right, and means of access.

Type of: exclusive right, perquisite, prerogative, privilege. a right reserved exclusively by a particular person or group (especially a hereditary or official right) the act of reducing something unpleasant (as pain or annoyance) synonyms: alleviation, easing, relief.

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Easement Real Estate Sample With Property