Understanding easements
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Understanding easements

On Behalf of | Jan 25, 2021 | Commercial Real Estate

If you have ever seen utility company employees come onto your property to check on water pipes or electrical devices, it is likely that they have obtained an easement. Easements essentially allow people in Louisiana and across the nation to step onto private property. However, utility companies are not the only type of entities that may use an easement. That is why it is so important for home and commercial property owners to research their contracts carefully.

Easement: Why are they even needed?

As stated above, parties other than utility companies can benefit from having an easement in place. In fact, real estate law states that the property’s original owners are allowed to include an easement if they need it to cross to other property in the area. Thus if you’re looking to purchase property, it is highly recommended to look for any easements that may be tied to the property. This is important information to have on hand if you plan to add additions to the home, such as a swimming pool or additional room.

Types of easements

The most common type of easement you’re likely to see within your homeowner’s contact is that for utility companies. However, it is still good to know the other types of easements. The first one includes appurtenance easements, which includes homes that share a driveway/road. Those worried about neighbors building large pools or trees may include negative easements. A negative easement states what can and cannot be added to the property.

The easements posted above are just a few of the types that can be included in a property contract. That is why it is important to consult with an attorney before signing anything. An attorney may provide you with critical information regarding the types of easements and legality of each one in terms of your particular property.