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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 is considered one of the slimmest buildings ever designed?

A 
The Carnegie Hall Tower, designed by Cesar Pelli, is only 50 feet wide and 60 stories high.
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Madelaine Gerbaulet-Vanasse, REALTORŪ, real estate agent and broker for Chicago, Bronzeville and Hyde Park, Illinois home listings, property and land for sale

Madelaine Gerbaulet-Vanasse
Metro Pro Realty

1613 E 55th Street
Chicago, IL 60615
773-667-1000
Fax: 773-667-0000
thePros@metroprorealty.com

MetroPro Realty is a full service brokeage that is equipped to help in buyer, renter or seller.


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