In real estate, this refers to granting someone or entity the right to trespass or use the land that is owned by someone else. For example, easements can be granted to utility companies to allow them access to parts of a homeowner’s land. Homes with property easements should have the details outlined in the disclosures, as the seller is required to list them. Depending on what the purpose of the easement is for, it could impact the experience of owning that home both negatively and positively for the homeowner. Or it could be entirely neutral.
Read more: Checklist for Selling a House