article thumbnail

Conservation Easements Pros and Cons: Keep Ohio Cool and Green

The Robert Weiler Company

And, surprisingly, one way to beat the heat may involve a unique land protection vehicle known as a conservation easement. While these 8 sustainability trends drive the commercial real estate industry , the importance of a conservation easement cannot be underscored. Here, we explore conservation easements pros and cons.

Easement 148
article thumbnail

How an Easement Can Make for Lousy Neighbors

Zillow

Welcome to the wonderful world of easements. In our example, if Sandy refuses to let Mark pass through, legal intervention may eventually be necessary to enforce his easement - Mark's right to use someone else's land in order to access his own. ” A person who has an easement does not actually own the land.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Expert Witness Testimony: The Indispensable Role of Real Estate Appraisers in Legal Disputes

Boston Appraisal

This comprehensive article delves into the diverse scenarios that necessitate the expertise of appraisers, the various specializations within the field, and the roles appraisers assume, both before and during trial proceedings.

Legal 148
article thumbnail

The Four Tests of Highest and Best Use

McKissock

If not, obtain one, specifically covering boundaries to learn if easements or encroachments exist.). Is there a maintenance easement, such as with waterfront properties, that could affect existing or proposed structures? Some questions to answer: Do you have a current survey of the property? (If Are there any deed restrictions?

article thumbnail

3 Things You Should Know About Preliminary Title Reports

Zillow

It documents ownership, vesting, and detail regarding anything recorded against the home, such as liens, encroachments, or easements. Easements. If another property owner has access to the property via an easement , it would be recorded on the title report. The title company can pull the original easement agreement for review.

article thumbnail

FHA: Cosmetic vs. MPR Repairs

Appraisal Today

In 2007, he started appraising conservation easements, which are specified areas of land earmarked for environmental conservation. Owners with conservation easements can claim an income tax deduction. Conservation easement appraisals are a definite risk for appraisers. They are not easy to do. We all know this is true.

article thumbnail

What Is the Difference Between CID Ownership in a Condo, Townhouse or PUD?

San Jose Real Estate

With a PUD, homeowners have an easement and rights to use the common area through their HOA membership. More articles of interest on my other Silicon Valley real estate websites: Silicon Valley home buyer tips Buy a home in Silicon Valley (many pages of content) Relocating to Silicon Valley What is a CID?