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A boundary agreement is an understanding between parties indicating where the boundary between two or more properties exists. The line agreed upon may or may not be the true or original boundary, and it does not have legal value until both parties sign a lot line agreement.
Legal boundary ? a legal boundary deals with the precise separation of ownership of land. It is an invisible line dividing one person's land from another's. It does not have thickness or width and usually, but not always, falls somewhere in or along a physical boundary feature such as a wall, fence or hedge.
The legal boundary is simply a line on a plan or a description of the area which divides one property from another. The physical boundary is any structure or barrier which separates one property from another such as a fence, wall or hedge.
Determining a boundary If there is a dispute over a position of a boundary and it is clear from the title deeds where the boundary lies, the title deeds cannot be challenged. Where there is a boundary dispute and the title deeds are not clear, extrinsic evidence may be used to established the boundary.
Property boundary means an imaginary line exterior to any enclosed structure, at the ground surface, and its vertical extension, which separates the real property owned by one person from that owned by another person.
The agreement is between neighboring states or jurisdictions in the United States that set specific boundaries between their properties and serve to resolve territorial disputes. These agreements are useful in resolving boundary disputes, clarifying property lines, and avoiding potential conflicts.
A property line, or boundary line, defines the legal limits of your lot. It sets a boundary on who is the rightful owner of a particular plot and helps determine if a neighbor has a right of way to reach their land.