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easement
(redirected from Restrictive easement)

   Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.03 sec.

easement

In law, rights that a person may have over the land of another. A common example is a right of way; others are the right to bring water over another's land and the right to a sufficient quantity of light.



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For example, each of the services has acquired restrictive easements governing development or entered into cooperative agreements with state and local governments, nongovernmental organizations, and individuals to establish buffer zones around or near military installations to maintain and improve natural resources and protect against development that could affect their ability to operate and train.
For example, if market data shows that buyers value property adjacent to a nature preserve more highly than property adjacent to a large-lot subdivision (as is sometimes permitted under conservation easements), a restrictive easement on the subject parcel may be more likely to enhance the value of adjacent parcels than one permitting a large-lot subdivision.
 
 
 
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