# Easement

*Real Estate — Finicade finance glossary*

An easement is another party's right to use part of your land for a specific purpose — a shared driveway, a utility corridor, a neighbour's access path. It runs with the land, so it binds every future owner regardless of what they agreed to. Easements can materially affect value and buildability, and they're disclosed in the title report rather than being visible on a viewing.

**Also known as:** right of way, easements, servitude

**Related terms:** [Deed](https://finicade.com/glossary/deed), [Zoning](https://finicade.com/glossary/zoning), [Title Insurance](https://finicade.com/glossary/title-insurance), [Lien](https://finicade.com/glossary/lien), [Commercial Real Estate](https://finicade.com/glossary/commercial-real-estate)

Source: https://finicade.com/glossary/easement