What is defined as an easement that is purchased?

An easement that is purchased is defined as an easement by reservation or grant. This type of easement occurs when the owner of a property conveys a portion of their property or rights to another party, typically as part of a real estate transaction. The owner might retain certain rights for themselves while granting others the right to use a specific part of the property for a particular purpose.

In this context, the important aspect is that the easement is intentionally created through a legal agreement between parties, often documented and formalized in the deed or other legal instruments, which distinguishes it from other types of easements that arise through different circumstances, such as necessity, implication, or adverse possession. By purchasing the easement, the buyer acquires specific rights to utilize the land, which can have a significant impact on both the buyer's and seller's property usage and value.