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.
Minnesota Grant of Temporary and Permanent Easement
State:
Minnesota
Control #:
MN-EAS-1
Format:
Word;
Rich Text
Instant download
Description Assigns Its Permanent
For the construction and maintenance by a city of a public trailway.
Free preview Permanent Easement
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Minnesota Permanent Complete Form popularity
Minnesota Permanent Buy Other Form Names
City Easement Right
Temporary Permanent Easement
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Easement County Minnesota
Grant Easement Minnesota FAQ
A property easement is a legal situation in which the title to a specific piece land remains with the landowner, but another person or organization is given the right to use that land for a distinct purpose.
Although easements generally last forever, there are several ways an easement can terminate. If the easement terminates before the original time period that it was supposed to last for runs out, the easement is said to be extinguished.
An easement is an interest in a real estate property or parcel of land.Essentially this means that someone other than you could have access to the land. This isn't necessarily a bad thing.
When you're buying a house, you might find out that the property has an easement on it. Essentially this means that someone other than you could have access to the land. This isn't necessarily a bad thing. For example, utility companies typically hold easements in case they need to access pipes or cables.
Easements will continue indefinitely unless terminated by one of the following methods: Express Agreement. An easement holder and easement owner may decide by written agreement to terminate the easement.
An easement usually is written so that it lasts forever. This is known as a perpetual easement. Where state law allows, an easement may be written for a specified period of years; this is known as a term easement. Only gifts of perpetual easement, however, can qualify a donor for income- and estate-tax benefits.
You can expressly terminate an easement just like you can expressly create one. The dominant owner can release the easement by deed, thereby extinguishing it. Or the dominant owner can transfer the easement by deed to the servient owner.
The legal term easement refers to the legal right to use another person's real property, for a specific purpose and a specific amount of time. An easement gives a person the legal right to go through another person's land, as long as the usage is consistent with the specified easement restrictions.
An easement can decrease the value of a real estate, increase the value of the real estate or it can have no impact on the value of the real estate at all. The most important fact is that each property and situation should be evaluated on individual basis, taking into account all the circumstances.