Easement Agreement Template With Vesting

State:
Multi-State
Control #:
US-EAS-33
Format:
Word; 
Rich Text
Instant download

Description

Easement and agreement between two properties for a right of way and restrictions for use, access and maintenance of a driveway and parking lot.

An easement gives one party the right to go onto another party's property. That property may be owned by a private person, a business entity, or a group of owners. Utilities often get easements that allow them to run pipes or phone lines beneath private property. Easements may be obtained for access to another property, called "access and egress", use of spring water, entry to make repairs on a fence or slide area, drive cattle across and other uses. The easement is a real property interest, but separate from the legal title of the owner of the underlying land.

In the case of a driveway easement, it allows the person who is the beneficiary of the easement to cross the "servient" property. The land which receives the benefit of the easement is called the "dominant" property or estate. A driveway easement may be created by recording a deed that states, for example, that one neighbor owns the driveway to the halfway point, but has an easement or right of way to use the remainder; however, the adjoining home owns the other half of the driveway, with a right-of-way with respect to the portion the neighbor owns. An easement may be claimed by prescription for the use of the driveway. This requires proof that your neighbor willingly abandoned his use of the driveway during the adverse period when you and your predecessor in title enjoyed the exclusive use of the driveway. Easements should describe the extent of the use, as well as the easement location and boundaries. For example, if an easement is created for the driveway for one house, the owner of the easement cannot turn his house into a hotel with many cars travelling over the easement if the easement was intended for use by a single family.
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FAQ

They are intended to enhance property values by controlling development and creating uniformity. These covenants are attached to a property title and registered at BC Land Titles office. Restrictive covenants operate outside of and in addition to municipal zoning bylaws and city restrictions.

Vesting order in favour of purchaser the court may make a vesting order to give effect to the sale and vest title to the land in the purchaser.

They are intended to enhance property values by controlling development and creating uniformity. These covenants are attached to a property title and registered at BC Land Titles office. Restrictive covenants operate outside of and in addition to municipal zoning bylaws and city restrictions.

: an order of a court, an administrative agency, or public officer passing the legal title in lieu of a legal conveyance.

An Easement grants use of a part of property, but does not transfer interest. As such, the original property owner is still responsible for the taxes on the part of the property. Maintenance of the easement is usually the responsibility of the property owner.

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Easement Agreement Template With Vesting