EASEMENTS AND OTHER NONPOSSESSORY INTERESTS - PowerPoint PPT Presentation

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EASEMENTS AND OTHER NONPOSSESSORY INTERESTS

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... Created by Express grant or reservation Necessity and implication Prescription Transfer If transferable Assignment All other ... of Frauds (writing) Title ... – PowerPoint PPT presentation

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Title: EASEMENTS AND OTHER NONPOSSESSORY INTERESTS


1
  • EASEMENTS AND OTHER NONPOSSESSORY INTERESTS

2
Easements
  • A type of nonpossessory interest
  • Others profits, licenses, privileges, and
    covenants
  • Concept of run with the land and equitable
    servitude
  • Nonpossessory the right to enter, or use for a
    specific purpose the land of another
  • Easement liberty, privilege, or advantage in
    anothers property
  • Dominant and servient
  • Scope

3
Easements
  • Types of easements
  • In gross
  • Holder
  • Commercial v. noncommercial
  • Appurtenant
  • Attaches to a particular tract of land
  • Runs with the land
  • Affirmative
  • Right of way communications company energy
    company
  • Negative
  • Conservation scenic

4
Easements
  • Created by
  • Express grant or reservation
  • Necessity and implication
  • Prescription
  • Transfer
  • If transferable
  • Assignment
  • All other appurtenances clause in the deed

5
Easements
  • Termination/extinguishment
  • Merger
  • Agreement
  • Abandonment
  • No longer necessary
  • Taxation
  • Income, estate, gift, generation skipping
  • Inter-vivos testamentary retention of benefit
  • Statute of Frauds (writing)
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