An easement is a type of Nonpossessory interest.
The phrase "nonpossessory interest in land" is used in the law of property to refer to a group of rights that one person has to utilize land that is owned by another. Such rights may often be established in one of two ways: either by an express agreement between the parties who own the property and the parties seeking to acquire the interest, or through a court ruling. With a possessory lien, the lender keeps the underlying collateral in its possession until the loan or agreement is fully repaid. In the course of repayment, nonpossessory loans give the borrower actual possession of the asset.
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