Lease of Rights are included in the property's deed like an easement and obligates subsequent owners, but distinctively, it comes with a predetermined expiration date, typically 20 years from the date it is granted.

A Lease of Rights combines features of both a wayleave and an easement. It is recorded in the property's deed, making it binding on future property owners. Unlike easements, which are permanent, a Lease of Rights has a fixed term, usually lasting 20 years from the date it is granted. This can provide a clear timeframe for renegotiation or expiration, giving you and future owners more certainty.