What type of interest does an easement holder have?

An easement holder possesses a non-possessory interest that grants them specific rights to use another party's land for a particular purpose, without holding ownership of the land itself. This means that while the easement holder has the right to utilize the property, they do not have the same rights as an owner; they cannot possess or develop the land as an owner would.

Easements are typically established for reasons such as access, utility installation, or right-of-way, and they are a legal agreement that specifies the terms under which one party can use part of another's property. The nature of the easement is such that the underlying ownership of the property remains with the landowner, while the easement provides the right to use that property in a restricted manner. This distinction is crucial in real estate and property law because it clarifies the rights and responsibilities of both parties involved in the easement agreement.

Other choices presented do not accurately depict the essence of an easement. For example, possessory interest pertains to outright ownership, which does not apply here as easement holders do not own the land. Describing the easement as an exclusive interest or as a temporary interest contingent on payment misrepresents the legal nature of easements, which