Easement to Proprty Question

[micbur]

What is the name of your state? GA

I have pending foreclosure and in the letter from the lawyer it states two tracts....one tract is the main property and the other is the easment? When I purchased the proprty it was only for the 49.49 acres....I never purchased the easement and as far as I know it belongs to the owner of the property it is on. As far as I know I only have right-of-way access vis this easement. So what is the deal with the easement? Do I own it? Does the owner of the property it reside on own it? If not he will be very upset and can he have any legal action?

[FlyingRon]

Originally Posted by micbur

What is the name of your state? GA

I have pending foreclosure and in the letter from the lawyer it states two tracts....one tract is the main property and the other is the easment? When I purchased the proprty it was only for the 49.49 acres....I never purchased the easement and as far as I know it belongs to the owner of the property it is on. As far as I know I only have right-of-way access vis this easement. So what is the deal with the easement? Do I own it? Does the owner of the property it reside on own it? If not he will be very upset and can he have any legal action?

The easement is for the constructive use of the property you own, so it most likely was part of the mortgage. It would be the same if you just sold out right. The buyer would want the easement in addition to your 49 acres.

[lcannister]

OP if you will simply go back to your orignal post on this issue and add info or request additional info you will get responses that make more sense in stead of strewn out over all these posts you are starting on the same topic.