squareyards-logo
DataIntelligence Advertise with usNew
Sell or Rent Property
Login

AVIATION EASEMENT

The literal meaning of aviation is aerial navigation. An Easement is the right to utilize the classified parts of another person land and for the exceptional circumstances, for example, in order to have the access when necessary. Both the government and the organizations like utility companies grant this easement, and later it is used in the public space, for example, on sidewalks.

Avigation or aviation easement is quite similar, except for the part where the easement is applied to the area above the land or air space and not to the ground.

Definition

An aviation treatment is the property right that the land owner acquires to use the airspace above a particular height. Aviation easements permit the freedom of flying along with the right to noise and also the dust inherent in aircraft flights. However, there can be two types of easements related to this, clear zone and avigation easement and estimating the value of easements.

Use of Aviation Easement in Real Estate

An aviation easement, also known as the avigation easement, is an agreement that makes instead compels the property owners to surrender the air rights of their property to the government. The agreement bars the owners from creating above a specific height and disregards their rights to file a case against pilots and owners of low-flying aircraft and binds the liabilities of the operator of the airplanes for creating a nuisance.

So, the landlords lose their right to file claims against the aircraft operators above their land just after agreeing to be compensated in return for the easement. Aviation easement also shows precisely that the property owner prohibits other actions, and that includes anything that could create a problem and interfere with the pilot movement. This applies both to the area around the airport runway as well as to the airspace. Which, in turn, legally depicts that the operators must open up by chance there is an error in taking off or landing.

It is presumed that avigation easement could cause some drop when it comes to the value of the property. Either by restricting the heights of the building or by removing the trees. An appraiser must be used to make up for the owner for losing the value of the property so that he can receive the right amount of compensation.

Contact our Real Estate Experts
Contact our Real Estate Experts

We have sent you message with 4 digit
verification code (OTP) on

Did not receive the code? in
Country/City