Be aware of easements on your property

Are you familiar with what an easement is? If you’re a homeowner, you should be.

Let’s say you’re considering putting in an inground pool. Well, you might not have the right to use as much land as you thought. Before moving forward with the project, you’ll need to get a copy of your title commitment from when you bought the house and check for easements.

What are easements? A non-possessory right of use and/or entry onto the real property of another without possessing it. Or, more simply, you own the land but another person has the right to use it.

Easements

For example, easements are often given to utility companies so they have the right to put utility lines in your yard and you agree not to interfere in the easement area.

Title companies perform research about the history of your property when you purchase a home. One of the reasons they do that is to find out what easements are on the property. Another example of a possible easement would be one to a neighbor for a fence or driveway.

By building something in an easement, you’re risking a lot of potential stress and money down the road. If a utility company needs access to that land, you’ll have to accommodate them regardless of what you’ve built.

For more home advice, or to buy or sell your home, contact Prudential Select Properties at (314) 835-6000 or visit www.discoverstl.com today!

 

 

 

 

 

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