Puerto Rico Easement - Shared Parking

State:
Multi-State
Control #:
US-00498
Format:
Word; 
Rich Text
Instant download

Description

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.
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FAQ

An easement is the right to use a part of another person's property for a specific purpose. This issue can often cause disputes or challenges, especially if not properly addressed. It becomes more important when you realize that these easements can greatly affect the usability and value of your property.

The easement of subjacent support further entitles the grantee or lessee of the parcel of land that is the dominant tenement to erect or directly beneath the land any structure necessary for the support of the parcel of land, including 9 Page 10 underpinning or strengthening any building that exists on that ...

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.

An easement is a right enjoyed by a landowner (called the dominant tenement) over land in the ownership of another person (called the servient tenement). Perhaps the most common example is a right of way giving the dominant owner the right to enter or use the servient land in some way.

If the easement is a problem, it is possible to have them removed in extreme cases. There are eight legal ways to terminate an easement: abandonment, merger, end of necessity, demolition, recording act, condemnation, adverse possession, and release, which a solicitor can give further advice if needed.

The property that benefits from the easement is known as the ?dominant estate,? while the property that allows the easement is known as the ?servient estate.?

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Puerto Rico Easement - Shared Parking