
Easement in Bangkok’s real estate market is a type of legal right. This legal right grants one party usage over another’s property.
Examples include utility companies laying cables or individuals accessing a landlocked property.
Easement differs from leaseholds and freeholds in ownership and duration. Leaseholds and freeholds convey ownership rights, while easements grant specific usage rights without ownership.
For instance, owning a freehold property in Bangkok means possessing the property indefinitely, but holding an easement might only allow crossing through another’s property.
Popular easement features specific to easement include right of way, utility easements, and drainage easements. Right of way allows individuals to pass through property, utility easements let companies install cables, and drainage easements permit water flow across land.
These features ensure access and utility services for properties in Bangkok, where complex urban planning can create unique property access challenges.
Common easement features encompass access rights, utility installation rights, and emergency access. Access rights enable property entry, utility installation rights allow for infrastructure development, and emergency access ensures first responders can navigate through private properties.
Such easements are foundational, ensuring that urban and residential areas in Bangkok are accessible and serviceable.
Unusual easement features include light and air easements, party wall easements, and view easements. Light and air easements prevent neighboring buildings from obstructing sunlight or airflow, party wall easements involve shared walls between two properties, and view easements protect property views from being obstructed.
These easements address Bangkok’s densely packed urban environment, safeguarding qualities like light, air, and views that enhance property value.
Unique easement features specific to Bangkok include canal access easements, rooftop access easements, and historical preservation easements. Canal access easements allow properties to access and use nearby canals, a crucial feature in Bangkok’s historically water-based infrastructure.
Rooftop access easements permit the use of neighboring rooftops for utilities or leisure, reflecting the city’s vertical expansion. Historical preservation easements protect certain properties from alterations, preserving Bangkok’s cultural heritage.
Easements stand out from leaseholds and freeholds by not transferring property ownership but granting rights for specific uses. Unlike leaseholds that involve renting property for a term, or freeholds offering complete ownership, easements focus on usage rights, such as passing through or utilizing parts of another’s property, without altering the ownership status.
For further details on real estate terminologies and their implications, visit our glossary about Bangkok real estate. This resource offers comprehensive insights into various concepts crucial for understanding property rights and investments in Bangkok.