Easement
Term · Insurance and risk management · MLC-T-INS-001246
A legal right that allows one party to use another person's land for a specific purpose, even though they do not own the land. This right is typically recorded with the property deed and can affect the marketability and value of the property. Common examples include utility easements for power lines or pipelines, or access easements for driveways across a neighbor's property.
| Identifier | MLC-T-INS-001246 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-001246",
"term": "Easement",
"field": "Insurance and risk management",
"definition": "A legal right that allows one party to use another person's land for a specific purpose, even though they do not own the land. This right is typically recorded with the property deed and can affect the marketability and value of the property. Common examples include utility easements for power lines or pipelines, or access easements for driveways across a neighbor's property.",
"url": "https://mlchart.com/terminology/insurance/easement/"
}
Record 1,078 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.