This form is a Driveway Easement and Shared Parking Agreement. The grantor conveys to the grantee certain covenants, rights-of-way, and restrictions regarding the use of a driveway and parking lot.
Nevada Easement - Shared Parking
State:
Multi-State
Control #:
US-00498
Format:
Word;
Rich Text
Instant download
Description
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FAQ
Legal title remains in the land owner for all other purposes, subject to the easement. An easement is a non-possessory interest in the land of another, which entitles the owner of the easement to a limited privilege to use the other's land.
Non-owners. A prescriptive easement grants an individual the right to use a portion of the owner's property in a specific way. With adverse possession, the individual can gain actual ownership of the property after using it openly and continuously for a legally prescribed period.
Generally, the owner of any easement has a duty to maintain the easement. If the easement is owned by more than one person, or is attached parcels of land under different ownership, each owner must share in the cost of maintaining the easement pursuant to their agreement.
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.