By: Martin M. Shenkman, CPA, MBA, JD

An easement is the right to use the property of another. A simple, and common, example is your house is landlocked and located behind another house. An easement is granted by that homeowner to you to enable you to build a driveway over a portion of his property to reach your house. If you are buying property subject to an easement you should be certain to fully understand the scope of the easement, whether its duration is limited, and conditions on its continuation, etc.

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