Boundary Line Agreement Sample With Contract Language In Illinois

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

Description

This Boundary Line Agreement is used for parties who have disputed over the boundaries of a piece of real estate. The parties agree that by execution of this Agreement, they are quitclaiming their respective interests to the appropriate party on the other side of the dividing line. A surveyor's drawing of the disputed land and relative tracts of all parties should be attached for clarification.
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FAQ

Boundary lines help determine the extent of a property and its legal ownership. Specifically, these lines define a property's physical limits and help prevent conflicts between neighboring property owners.

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

Let's start off with the basic definition of a boundary survey (also known as a property boundary survey). This essential document is used to define the limits of your property legally: this is also called a parcel of land. Before you begin owning and running a property, you need to define what belongs to who.

You and your neighbour can create a 'boundary agreement' to record: the boundary between 2 properties. who's responsible for maintaining a hedge, wall, tree or fence between 2 properties.

The official contract language is English.

The Language of Agreement is not typically used very much in a contract, but it is usually used at least once. Agreement Language can be found in the beginning of most agreements. A typical phrase using this language would look something like, “Wherefore the parties agree to the following terms:”.

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.

A contract should be in plain English, meaning that the contract language used is simple and clear. A drafter must be accurate.

A Default Clause, also known as a Breach of Contract Clause, is a contractual provision that addresses the consequences when one party fails to perform its obligations under the contract.

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Boundary Line Agreement Sample With Contract Language In Illinois