South Dakota 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.

South Dakota Agreement to Survey and Fix Location of Known Common Boundary is a legal document that is used to establish and confirm the accurate boundary lines between adjoining properties in South Dakota. It is a crucial step in resolving disputes or uncertainties related to property boundaries. This agreement is often executed when two neighboring landowners want to avoid potential conflicts over their common boundary lines. By entering into this agreement, they can ensure that the location of their shared boundaries is accurately determined and fixed. Keywords: South Dakota, Agreement, Survey, Fix Location, Known, Common Boundary Different types of South Dakota Agreement to Survey and Fix Location of Known Common Boundary may include: 1. Residential Property Boundary Agreement: This type of agreement is commonly used between owners of residential properties who have a common boundary or share a fence line. It helps both parties verify the property lines precisely to prevent future disputes. 2. Agricultural Land Boundary Agreement: This agreement is applicable to agricultural landowners in South Dakota. It allows them to establish and confirm the location of their property boundaries, especially when there are shared fences, water rights, or issues related to land use. 3. Commercial Property Boundary Agreement: This type of agreement is designed for owners of commercial properties, such as businesses or industrial sites, who share a common boundary. It helps in avoiding conflicts over property lines and ensures accurate demarcation. 4. Land Development Boundary Agreement: When multiple land developers are involved in a project, this agreement is used to establish clear boundaries between the different parcels, ensuring that each developer knows the limits of their property and avoids encroachment. 5. Landowner Association Boundary Agreement: In cases where multiple landowners form an association or community, this agreement is utilized to define the common boundaries of the association's land, ensuring proper management and addressing any boundary disputes that may arise. To execute a South Dakota Agreement to Survey and Fix Location of Known Common Boundary, it is recommended to consult with a qualified surveyor or an attorney well-versed in real estate law. This ensures that the agreement accurately reflects the common boundary and holds legal weight.