implied easement

implied easement definition - business

implied easement

An easement created when interested parties act as if one exists even though there is no formal document. For example, if land is divided, one section used for the benefit of another section is likely to include an implied easement.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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