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A Servitude is a limited real right in terms of which a burden is imposed on an immovable property restricting the rights, powers or liberties of its owner (servient owner) to a greater or lesser extent in favour of either another person or the owner of another property (servitude holder).

The extent to which the servitude attracts value for the servitude holder or possibly restricts value for the servient owner or his/her servient property depends on its perceived positive or negative influence on the market value of the property. The fact that a servitude is a restrictive condition on another property does not absolutely define that it would detract from the value of the servient property. The influence may be positive on both the servitude holder and the servient owner and property.

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βˆ™ 10y ago
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βˆ™ 1mo ago

A servitude can impact the value of a property depending on its type. For example, an easement that allows others to access the property may decrease its value due to restricted use. However, a servitude that increases utility, such as a right of way for utilities, may have a positive or neutral effect.

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Q: How does a servitude affect the value of a property?
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