Puerto Rico Boundary Line Agreement and Deed Between Adjacent Land Owners

State:
Multi-State
Control #:
US-OG-619
Format:
Word; 
Rich Text
Instant download

Description

This form of agreement and deed addresses the matter of the uncertainty of the exact location of the boundary line between two tracts of land owned by different parties. It establishes a definite boundary line of the two tracts, it also provides that the mineral estate under the lands is owned in the same manner as the surface of the lands.
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FAQ

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.

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.

Property boundary means the edge of a contiguous parcel of land owned or leased by a common owner or lessee. Contiguous land shall include land separated by a public right-of-way, if that land would otherwise be contiguous.

The Agreed-Boundary Doctrine empowers neighboring landowners to mutually establish property lines by agreeing on a specific line or marker, surpassing the legal descriptions in their deeds.

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Puerto Rico Boundary Line Agreement and Deed Between Adjacent Land Owners