Boundary Line Agreement Sample With Contract Language In Chicago

State:
Multi-State
City:
Chicago
Control #:
US-00440
Format:
Word; 
Rich Text
Instant download

Description

The Boundary Line Agreement is a legal document designed for parties involved in land disputes, particularly concerning the division of property lines. This sample form is tailored for users in Chicago and serves to formalize an agreement between two parties who confront boundary issues, often stemming from lawsuits regarding property disputes. Key features of the agreement include the quitclaiming of respective interests in the disputed land, where parties can divide the property by mutual consent. Users are advised to fill in the relevant details, including the names of the parties and specific tract descriptions as illustrated in the attached surveyor's drawing. This document is crucial for ensuring that all interested parties are informed of the agreed boundary, thereby preventing future disputes. The form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who are tasked with resolving property disagreements. It provides a clear framework that simplifies the negotiation process, enabling the parties involved to reach a fair resolution in a legally binding manner.
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FAQ

A boundary line agreement is a legally binding document that sets clear boundaries between neighboring properties, providing certainty and preventing conflicts.

Types of agreements under Indian Contract Act, 1872 Valid agreement. Section 11 of the Indian Contract Act, 1872. Void agreement. Section 24 of the Indian Contract Act, 1872. Wagering Agreements. Contingent Agreement. Voidable agreement. Express and implied agreements. Illegal Agreements.

The Boundary Line Agreement (BL AGR) provides a procedure for County review whenever a point or line determining the boundary between two or more parcels of real property cannot be identified from the existing public record, monuments, and landmarks or is in dispute. RCW 58.04.

A boundary line agreement is a written document between abutting landowners which first identifies their common boundary as being “ambiguous”, “lost” or “uncertain” and secondly describes an agreed to boundary line that is certain.

A contract can include one or more tables that contain the tabular data for the contract. These tables are called lines.

A boundary line agreement is a legally binding document that sets clear boundaries between neighboring properties, providing certainty and preventing conflicts.

Under such an agreement, the parties acknowledge the true boundary line between the properties, and the encroaching owner releases any claim to the strip of land encroached upon. In return, the “encroached upon” owner allows the encroachment to continue for so long as he/she is not adversely affected.

Boundary treaties are treaties, but are distinctive. They constitute a special. category of treaties. Boundary treaties may constitute a root of title to territory. and, as such, will have widespread effect within the international community.

The preamble of a contract is the introductory paragraph that identifies the parties to the agreement. It is typically followed by paragraphs known as recitals (also called the background section). Sometimes, these recital paragraphs are labeled “Whereas”.

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Boundary Line Agreement Sample With Contract Language In Chicago