"Easement to yourself"

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PPereira
Posts: 16
Joined: Wed Aug 10, 2011 3:05 pm

"Easement to yourself"

Post by PPereira »

Hello all,
Here's the scenario: Somebody owns 2 adjacent properties and wants to develop them with a common driveway (the centerline of which runs along a common property line).
Question: What is the best way to assure that, once one of the properties changes ownership, there will be an easement in place?
Thank you in advance!
mbstanton
Posts: 61
Joined: Sun Sep 08, 2002 9:44 am

Easement to youself

Post by mbstanton »

One way to deal with this situation is through a restrictive covenant. The one owner essentially "reserves" the area for a specific purpose (i.e. future easement when one parcel is conveyed). An DRAFT examble is attached.
Mike
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