Published July 25, 2022
Easement
Team Whitney highly recommends for Buyers to hire a real estate team in the South Bay area in California who will thoroughly review the Preliminary Title Report. During the escrow process, we find items such as easements in the Preliminary Title Report. If you are a Buyer, it is very important for the real estate team you hire to review this report, and this is not something all agents review. Just because title will insure a property and allow a sale to close, does not mean there are not easements or other items in that Preliminary Title Report that you, as the Buyer, may be unaware of.
The definition of an easement is the right to cross or otherwise use someone else’s land for a specified purpose. The land itself remains owned by the owner of the land. Someone else is granted the right to use that property in some way, shape, or form. Examples of easements are public utilities, such as water lines, gas lines, etc. Another example of an easement is a shared driveway or if there is a parcel of land that is land locked, and that owner does not have access to public roads, so they may have an easement to use your property to cross through to access the public road.
For any further questions or a list of other items that may appear on a Preliminary Title Report in escrow, please contact Danielle Whitney Moore with Team Whitney (Keller Williams Realty L.A. Harbor) at (310) 987-9103.