Minnesota Agreement to Survey and Fix Location of Known Common Boundary

• Category: Real Estate - Boundary Lines
• State: Multi-State
• Control #: US-1090BG
• Format: Word; Rich Text

Description

This agreement operates as an accord and satisfaction. Although the definition is variously stated from state to state, generally speaking, an "accord and satisfaction" is a method of discharging a contract or a claim or cause of action whereby the parties agree to give and accept something other than that which is due in satisfaction of the existing claim. For an accord and satisfaction, the "accord" is the agreement between the parties, and the "satisfaction" is its execution or performance. An accord and satisfaction results when: (i) the parties mutually intend to effect a settlement of an existing dispute by entering into a superseding agreement, and (ii) there is actual performance in accordance with the new agreement. Accord and satisfaction requires both components4 as without an agreement to discharge the obligation, there can be no accord, and without an accord, there can be no satisfaction.

The Minnesota Agreement to Survey and Fix Location of Known Common Boundary is a legal document that serves the purpose of establishing and formalizing the boundary lines between two adjoining properties or parcels in the state of Minnesota. This agreement is often used when there is uncertainty or disputes regarding the accurate location of the common boundary line. Keywords: Minnesota, Agreement to Survey, Fix Location, Known Common Boundary, legal document, boundary lines, adjoining properties, uncertainty, disputes. There are several types of the Minnesota Agreement to Survey and Fix Location of Known Common Boundary, including: 1. Minnesota Agreement to Survey and Fix Location of Known Common Boundary — Residential Property: This type of agreement is specifically designed for residential properties or parcels where neighbors wish to clarify and establish the accurate location of their shared boundary. 2. Minnesota Agreement to Survey and Fix Location of Known Common Boundary — Commercial Property: This variation of the agreement is meant for commercial properties or parcels, such as stores, offices, or industrial spaces. It helps the adjoining property owners to resolve any boundary-related disputes and avoid potential legal conflicts. 3. Minnesota Agreement to Survey and Fix Location of Known Common Boundary — Agricultural Property: This specific agreement is tailored for agricultural properties or parcels, including farms, ranches, or agricultural lands. It allows neighboring landowners to determine and confirm their common boundary lines accurately. 4. Minnesota Agreement to Survey and Fix Location of Known Common Boundary — Natural Resource Area: This type of agreement is applicable when the properties or parcels involved are located in natural resource areas, such as forests, wetlands, or protected habitats. It helps in defining the boundaries to ensure proper land management and conservation efforts. 5. Minnesota Agreement to Survey and Fix Location of Known Common Boundary — Waterfront Property: This agreement variation is used when the properties or parcels are located near bodies of water, like lakes, rivers, or streams. It enables neighboring waterfront property owners to establish their common boundaries, taking into account any water-related considerations. In summary, the Minnesota Agreement to Survey and Fix Location of Known Common Boundary is an essential legal instrument used in Minnesota to resolve boundary disputes and accurately determine the shared property lines between neighboring properties. It offers different variations depending on the type of property involved, including residential, commercial, agricultural, natural resource areas, and waterfront properties.