Boundary Line Agreement: A Comprehensive Guide
A boundary line agreement is a legal document that outlines the exact boundaries between two pieces of property. It is a useful tool for homeowners, real estate agents, and surveyors to prevent any future disputes and clarify any confusion over property lines.
In this article, we will take a closer look at what a boundary line agreement is, why it is important, and how it can be drafted.
What is a Boundary Line Agreement?
A boundary line agreement is a legal agreement between two property owners that establishes the exact boundary line between their properties. This agreement is often created after a land surveyor has determined the exact location of the property line.
The boundary line agreement ensures that both parties understand the location of the boundary line and agree to abide by it. This agreement can be used to resolve any disputes that may arise in the future concerning the properties’ boundaries.
Why is a Boundary Line Agreement Important?
A boundary line agreement is important for several reasons. Firstly, it clarifies the property lines for both parties involved. This helps to prevent any future disputes that may arise if one party believes that their property extends beyond the agreed-upon boundary line.
Secondly, a boundary line agreement can be used to resolve any existing disputes between the two parties. If there is already a disagreement over where the property lines lie, the agreement can be used to come to a mutual resolution.
Finally, a boundary line agreement can protect the property owner`s investment. By establishing clear boundaries, the agreement can prevent any encroachments onto their property, which can be costly to remove.
How to Draft a Boundary Line Agreement
Drafting a boundary line agreement requires the assistance of a licensed surveyor and an experienced attorney. Here are some of the key elements that should be included in the agreement:
• Legal description of the properties involved
• A detailed description of the exact location of the boundary line
• Any easements or encroachments on the property
• The rights and responsibilities of both parties involved in maintaining the boundary line
• The consequences of violating the agreement
It is important to note that the boundary line agreement must be signed by both parties involved, and it should be recorded in the county records where the property is located. This ensures that the agreement is legally binding and enforceable.
Conclusion
A boundary line agreement is a vital tool for property owners to clearly establish property lines, prevent boundary disputes, and protect their investment in their properties. If you are purchasing or selling a property, it is important to work with an experienced attorney and a licensed surveyor to draft a comprehensive boundary line agreement that covers all necessary aspects of the property lines.
