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Property OwnershipEncumbrancesMEDIUM

An easement appurtenant in Nevada:

Correct Answer

B) Runs with the land and transfers automatically

An easement appurtenant runs with the land, transferring automatically when the property is sold.

Answer Options
A
Benefits a person
B
Runs with the land and transfers automatically
C
Expires at sale
D
Requires annual renewal

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Related Topics & Key Terms

Related Topics:

easement in grossdominant estateservient estateruns with the landencumbrances

Key Terms:

easement appurtenantruns with the landdominant estateservient estateautomatic transfer

Related Concepts

The bundle of rights describes the rights associated with property ownership, allowing owners to use, control, enjoy, exclude others from, and dispose of the property.

Community property is a form of ownership recognized in certain states where property acquired during marriage is considered equally owned by both spouses, regardless of who earned the money or whose name is on the title.

Condominium ownership involves owning a unit of airspace within a multi-unit building plus an undivided interest in the common elements shared with other unit owners. Each unit is separately taxed and financed.

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