What is an easement?

An easement represents a legal right granted to one property owner to utilize a portion of another owner's property for a specific purpose, such as for access, utilities, or drainage. This concept is critical in real estate as it facilitates shared use of land while maintaining ownership.

Easements can be permanent or temporary and are usually recorded in public land records to ensure they are legally enforceable and provide notice to prospective buyers or holders of interests in the property. The relationship established by an easement is important for both the property owner granting the easement and the one benefiting from it, as it can affect property values, development options, and usage rights.

Understanding easements is essential for anyone involved in real estate, as they can have significant implications for property use and ownership rights. This is why option C accurately captures the essence of what an easement is in the realm of real estate.