Reciprocal Easement Agreements
A reciprocal easement agreement (“REA”) is a legal agreement between individual property owners that provides for the rights and obligations of the owners and coordinates the development, operations and maintenance of the affected properties. REAs may contain provisions that address factors such as parking, signage, common areas, design scheme, repair and access. REAs are recorded in the county where the real property is located and the rights and obligations typically remain with property even after being transferred (“run with the land”).
Last Updated on May 11, 2022 by Ramin Seddiq