Question: How do private limitations such as easements affect real estate value? They can limit the use of the property, affecting its value. They always increase

How do private limitations such as easements affect real estate value?
They can limit the use of the property, affecting its value.
They always increase the value due to added legal clarity.
They have no impact on property value.
They always decrease the value due to restricted use of the property.
How do private limitations such as easements affect real estate value?

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