Business / Agriculture / Easement: A landowner sells or surrenders the right to develop a portion of the property, usually in return for a payment or some other benefit. Some local and state governments, and land trusts, have programs to acquire development easements from landowners to prevent conversion of farmland to other uses. Since the mid 1970s, conservation easements have been purchased to protect nearly 420,000 acres of farmland in 15 states, primarily in the Northeast.
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Business / Real Estate / Easement By Estoppel: An easement created when a persons words or actions lead another to believe that an easement exists. If, in relying on those words or actions, the easement user acts to his or her detriment, they may MORE
Business / Real Estate / Easement By Necessity: An easement allowed by law as necessary for the full enjoyment of a parcel of real estate, for example, a right of ingress and egress over a grantors land. MORE
Business / Real Estate / Easement By Prescription: An easement acquired by continuous, open and hostile use of property for the period of time prescribed by state law. MORE