A landowner granted a utility company the right to install and maintain underground gas pipelines across her property. The utility company has been operating the pipeline for 15 years. What type of interest does the utility company most likely hold?
Correct Answer
B) An easement for the limited purpose of installing and maintaining the pipeline
A utility easement grants the right to use a specific portion of another's property for a defined purpose, such as installing and maintaining a pipeline. It is a non-possessory interest that does not transfer ownership of the subsurface.
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Related Topics & Key Terms
Key Terms:
Related Concepts
A life estate is a freehold estate that grants ownership rights for the duration of someone's life.
Real property is immovable land and anything permanently attached to it, while personal property (also called chattels) is movable.
Tenancy by the entirety is a form of co-ownership available only to married couples that includes the right of survivorship and protection from individual creditors. Neither spouse can unilaterally sell or encumber the property.
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