Results for Scenic Easement
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Business Dictionary:

Scenic Easement

Encumbrance on the Title to a property to preserve it in a more or less natural or undeveloped state. See also Easement.

 
 
Real Estate Dictionary: Scenic Easement

An encumbrance on the title to a property to preserve it in a more-or-less natural or undeveloped state. See easement.Example: Smith owns a house with a view of the ocean. Snyder owns the property between the Smith house and the beach. To preserve the view of the ocean, Smith purchases a scenic easement to Snyder's property. Snyder is then prevented from developing the property in such a manner as to obstruct Smith's view.

 
 

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Copyrights:

Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more
Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved.  Read more

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