Las Vegas Easements, Encroachments, Encumbrances

There are particular real estate terms that a Las Vegas homeowner should be aware of when someone's property is either being used by another party or is related to another property.

EASEMENT RIGHTS is a right-of-way that is granted to an individual or a company that has authorized access to or over the Las Vegas property-owner's land. For example, an electric company that needs access to a particular property may obtain a right-of-way across a private property for the purpose of doing business.

An ENCROACHMENT is an obstruction of some sort. It could also be a building, or part of a building, that intrudes beyond its legal boundary onto neighboring private or public land or a building that extends beyond the building line.

An ENCUMBRANCE is a legal right or interest in Las Vegas land which affects a good or clear title and, thereby, diminishes the land's value. Zoning ordinances, claims, liens, mortgages, pending legal action, restrictive covenants, easement rights, unpaid taxes and charges are some examples of an encumbrance. The way to reveal the existence of an encumbrance is to perform a title search. It is the responsibility of the Las Vegas home buyer to determine whether he wants to move forward on a purchase with the encumbrance or he must decide what can be done to remove it.

If you are planning to purchase a Las Vegas home or relocate in the Las Vegas area, contact us for a prompt response. We invite you to visit our website to view updated daily listings of Las Vegas homes at Free Las Vegas Homes MLS Search

 


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