- How Much Money Is Needed To Invest In Rental Property?
- Should A Real Estate Investor Get An Agent’s License?
- 5 Big Factors That Affect The Costs Of Renovating Your Home
- SIBOR Hike – What You Can Do With Your Current Loan
- 6 Basic Don’ts Of Real Estate Negotiation Tactics
- Will New Condo Relaunches Trigger The Great Property Sale We Have All Been Waiting For?
- 10 Proximity Amenities That Add Value To Real Estate
- How To Get Personal Loans More Easily With Good Credit
While regular easements on property gives certain parties certain rights to the property, negative easements takes away the rights of certain parties in relation to the property.
These rights taken away are usually retained by property owners under most circumstances.
The most common form of negative easement is the prohibition to build high fences.
Sometimes certain developments impose such restrictions on homeowners so as not to block the view of other households. This is especially common in beach front property.
Because the sacrifice an owner makes will be compensated by the maintenance of the value of real estate in the neighborhood, it is often said that this is a reciprocal easement relationship.
Negative easements should not be confused with restrictive covenants as they are distinctively different in the eyes of the law.