The utility company that needs to access the power line on Elizabeth’s property is encumbered by an easement in gross with of these entities.
Allocation is a contracting party may assign its rights and obligations under the contract to a new party.
A well-known example of a gross easement is a utility easement. These are legal agreements that allow utility companies to install and maintain infrastructure on private property. Under the terms of the easement, homeowners are prohibited from excavating or building that could damage public facilities.
A general easement can be sold to either an individual (private) or a legal entity (commercial). For example, if your family owns land adjacent to a highway, and a local dairy farm wants to clear your land and access that highway, your family will give the dairy a commercial easement. can do.
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