Puerto Rico General Form for Deed Granting Easement

State:
Multi-State
Control #:
US-01176BG
Format:
Word; 
Rich Text
Instant download

Description

An easement is a right in the land of another. The right is often described as the right to use the land of another for a special purpose. An easement gives one party the right to go onto another party's property. An easement is a real property interest, but separate from the legal title of the owner of the underlying land. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

Drawbacks Of Conservation Easements Most conservation easements are permanent and bind all future landowners (including heirs). Conservation easement holders and farmers may not always share a common vision. Conservation easements can reduce the property's overall value, making the land worth less for future sales.

Conservation easements are perpetual, undivided interests in property to protect natural, scenic, or open space values of real property.

Adverse possession: Articles 786 and 788 reduced the period of time necessary to acquire personal and real property through adverse possession. The acquisition of personal property through adverse possession now requires at least 2 years of possession in good faith or at least 4 years of possession without good faith.

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.

Puerto Rico passed a Conservation Easement Act in 2001. This Act encourages conservation easements through tax exemptions and provides for a uniform procedure of creating such easements. In addition, the Puerto Rico Forest Act provides for conservation easements aimed specifically at protecting forest lands.

A conservation easement allows landowners to hold and use their property but permanently remove development rights in exchange for tax benefits.

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Puerto Rico General Form for Deed Granting Easement