Buying a home is a rewarding process. However, you have to understand what goes into buying a home and all of the legal risks. This is especially helpful when purchasing a home with an easement. Below, learn what the term means and how it can affect a future home purchase. 

What Is an Easement?

An easement grants a company or municipality access to your property. Furthermore, it gives them a legal allowance to use that land for a necessary purpose. A common easement agreement can be with the city or the utility company. Having an easement allows them to enter your yard to work on a power line or phone line. However, not all homes have this feature. 

Does My Home Have One? 

Legally, when buying a home, the seller must alert the buyer if there is an easement on the property. This information should also be listed in the property agreement. You must be told if you have one in the property agreement, homeowners association agreement, or deed. 

Can You Have It Removed? 

Easements on a property can be removed, but it can be tricky to resolve while in the middle of buying a home. Usually, they are there for a reason. However, if the other party agrees to remove the easement, it can be done. You can also try to challenge it in court if all else fails.

If you are currently in the process of buying a home in the Lancaster County area and need a property surveyed, turn to K & M Land Surveying in Lincoln, NE. The fully licensed surveying team can help you define property lines and value, so you know you’re getting the best deal. Call (402) 476-3020 to speak to a professional or visit the website to learn about their services.