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Real Estate Tips
Buying Land and New Construction >How Easements Affect Your Land

It is extremely important to discover whether there are easements on undeveloped land you are thinking about buying. An easement is the legal right to use another person's land for a specific, acknowledged purpose. Easements can significantly affect your development and use of the property.

A typical easement might permit the use of a dirt fire road that cuts through both the neighbor's property and your land. The road provides access to both properties, and your neighbor has to drive through yours to get to his. The house you build has to be situated ten to fifteen feet away from this access road. If the road cuts through the middle of the lot, you might have difficulty finding room for the house you want to build.

Consult with your real estate agent, an attorney or a title researcher for accurate information about the easements. When making an offer on undeveloped land with an easement issue, be sure to include a contingency that you must approve of any existing easements, or the offer is null and void.

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Real Estate Trivia
Q 
What bizarre post-midnight pageant celebrated the great transformation in Manhattan architecture during the 1920s?

A 
Beaux-Arts Architects' Ball (January 23, 1931) at the Hotel Astor commemorated the end of the first skyscraper age.
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The Executive Home Team, REALTOR®, real estate agent and broker for Portland, Beaverton and Lake Oswego, Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)

The Executive Home Team
Keller Williams Realty - SW Portland

4035 SW Douglas Way
Lake Oswego, OR 97035
Phone-Steve: 503-680-2065
Phone-Lisa: 503-680-2025
Fax: 503-336-7200
Email: Info@MoveThroughLife.com

Steve and Lisa Thoele of the Executive Home Team are dedicated to the success of their valued clients. Whether you are buying, selling or investing in real estate, you can rely on Steve and Lisa to help you move through life!

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