Define: Non-Exclusive Easement
Non-Exclusive Easement means a decided upon component of a lease or agreement, allowing shared use of certain facilities and utilities between parties, after a pre-determined date.
Non-Exclusive Easement means a decided upon component of a lease or agreement, allowing shared use of certain facilities and utilities between parties, after a pre-determined date.
Relevant Circumstances
- When more than one party has a right to use a defined area or facility
- If shared utility or access rights need to be reflected in a lease
- Where commencement of the easement depends on a specific date