Reciprocal Easements, Cost Sharing Agreements and CC&Rs;
Reciprocal Easements, Cost Sharing Agreements and CC&Rs;
Reciprocal Easements, Cost Sharing Agreements and CC&Rs;
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Nancy T. Scull of Luce, Forward, Hamilton & Scripps LLP Speaker 9: 2<br />
www.luce.com<br />
• <strong>Reciprocal</strong> Easement <strong>Agreements</strong>:<br />
– Shared easements between two owners with<br />
no cost sharing<br />
• <strong>Reciprocal</strong> Easement <strong>and</strong> <strong>Cost</strong> <strong>Sharing</strong><br />
Agreement:<br />
– Shared <strong>Easements</strong> between two or more<br />
owners with cost sharing.<br />
101054839.1 3<br />
www.luce.com<br />
• REAs may be between 2 or more owners<br />
or<br />
• Can be established by the developer as<br />
Declarant before any property is conveyed<br />
• It then becomes a Declaration<br />
Establishing <strong>Reciprocal</strong> <strong>Easements</strong> <strong>and</strong><br />
<strong>Cost</strong> <strong>Sharing</strong> Agreement<br />
But the concepts remain the same!<br />
101054839.1 4<br />
Law Seminars International | Development <strong>Agreements</strong>, <strong>Easements</strong> <strong>and</strong> CC<strong>Rs</strong> | 12/5/07 in Las Vegas, NV
Change language