What is an interest in land?

An interest in land is a legal relationship between a person and a piece of real estate. This interest can take a variety of forms, from ownership to tenancy to easements. Generally speaking, an interest in land grants a person certain rights and responsibilities relating to the property. In Washington, the most common type of interest in land is ownership. When someone purchases a piece of real estate, they obtain a deed that conveys their ownership interest in the land from the seller. This ownership grants them the legal authority to make decisions about how they use the land and it certifies their right to possess the land. Another common interest in land is tenancy. When someone leases a piece of real estate, they are obtaining a tenancy interest in the property. This interest grants them the right to use the property according to the rules set forth in the lease, but they do not obtain legal ownership of the land. Lastly, easements are another type of interest in land. An easement is an agreement between two parties that grants one of them a non-possessory right to use another’s land. For example, a party may be granted an easement to access a piece of real estate through another’s land. In sum, an interest in land is a legal relationship between a person and real estate, granting them certain rights and responsibilities relating to the property. In Washington, the most common forms of interests in land are ownership, tenancy, and easement.

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