Access right refers to the legal entitlement of property owners to reach their own property, ensuring unobstructed passage. It is a fundamental aspect of property law that supports the practical use and value of real estate.
An appurtenance refers to anything adjacent or pertinent to a piece of property, enhancing its use and contributing to its greater enjoyment, such as easements, rights-of-way, or parking spaces.
A dominant tenement refers to a parcel of land that benefits from an easement on an adjacent or nearby property, known as the servient tenement, allowing specific uses such as access or utilities.
An easement is a legal right allowing one party to use another property owner's land for a specific purpose. It manifests through agreements that outline the extent and conditions of use.
A negative easement is the right to prevent the owner of a property from using it for specific purposes. This is in contrast to an affirmative easement, which allows the holder to make use of the property for a specified purpose.
Fractional interest refers to a way of owning real estate where the owner possesses a portion or 'fraction' of the total asset, typically involving less than complete control over the whole property. This form of ownership is common in scenarios where multiple parties share the rights and responsibilities associated with a single piece of real estate.
Incorporeal refers to intangible legal interests that do not have a physical form. These may include rights or privileges that are exercised over or in relation to real estate without possessing the property itself.
Landlocked refers to a condition where a property has no direct access to a public road, requiring access through an adjacent property.
A Party Wall is a wall built along the line separating two properties, partly on each parcel. Either owner has the right to use the wall and has an easement over that part of the adjoining owner’s land covered by the wall.
The right-of-way is a legal right granting passage over another person's property. This term is often associated with easements and is crucial in the context of property development, infrastructure projects, and urban planning.
In real estate law, a servient tenement refers to a property that bears the burden of an easement. Essentially, it is the land over which an easement exists and through which another property, known as the dominant tenement, benefits.
A utility easement is a legal right granted to a utility company or public service entity to use or access specific portions of a property for the purpose of laying and maintaining infrastructure such as electric, gas, water, and sewer lines.
