Final answer:
An easement granted to a utility company to run utility cables under a farm is typically called a utility easement or a right-of-way. This legal arrangement allows the utility company to place infrastructure like cables or pipes while the landowner maintains ownership but cannot interfere with the utility's access and use.
Step-by-step explanation:
An easement is a legal right allowing one party to use the property of another party for a specific purpose. In the context provided, the type of easement granted to a utility company to run utility cable under a farm is typically known as a utility easement or sometimes a right-of-way. This utility easement is generally for the benefit of utility companies to install, maintain, and operate their infrastructure, which can include electric, gas, water, sewer, or telecommunication lines.
Furthermore, easements are essential for providing services that require infrastructure to cross private lands. While the specific nature of an easement can vary, a utility easement often involves a defined strip of land where the utility company has limited rights, usually underground, allowing them to place utility lines or cables. The landowner typically retains the ownership and use of the land, but with the condition that this use does not interfere with the easement holder's rights.