Final answer:
An easement appurtenant runs with the land, meaning it is transferred with property ownership and is not a personal right limited by time or federal regulation.
Step-by-step explanation:
An easement appurtenant is a right attached to the use of a property (servient tenement) that benefits another property (dominant tenement). The key characteristic of an easement appurtenant is that it runs with the land, meaning it automatically transfers to new owners when either the servient or dominant tenement is sold. It is not a personal right of the grantee, and it does not typically have a time limit imposed by federal regulation. Instead, it is intended to last as long as the benefit or need exists.
Restrictive covenants and easements are types of non-governmental restrictions that can affect land usage. While restrictive covenants often impose limitations on how property can be used, easements typically grant a specific use of the property by someone other than the property owner. Both of these can affect property negotiations and contracts, as they can significantly impact what an owner may do with their property. When involving real estate contracts, termination clauses generally specify how and when an agreement can end, such as termination upon a 30-day written notice or due to destruction or loss of the property.
It is essential to note that while an easement appurtenant generally remains with the property despite changes in ownership, specific actions or circumstances may lead to its termination. For instance, the need for the easement may cease, or the properties involved may come under common ownership, among other potential terminating conditions.