What is an easement?

An easement is defined as a right to use someone else's land for a specific purpose, which distinguishes it from ownership or possession. This legal right allows the holder of the easement to carry out certain activities on the property that they do not own, such as accessing a pathway, utilities, or a driveway.

Understanding this concept is essential for real estate professionals, as easements can significantly impact property value and use. They are commonly designed to serve a particular need, ensuring that the easement holder can benefit from the property in a way that is legally sanctioned, while the ownership rights of the landowner remain intact.

The other options describe different legal concepts. For example, a right to possess a piece of land refers more to ownership or leasehold interests rather than easements. A covenant that restricts land use pertains to agreements that limit how a property can be developed or used, and a title that guarantees ownership relates to the legal ownership of property itself. Understanding the specific nature of easements is crucial for navigating property rights and responsibilities effectively.