Adjust Line Settlement For Free

In a Lot Line Adjustment, land is taken from one parcel and added to an adjacent parcel. No additional parcels may be created and the number of parcels may not be reduced.

Lot Line Adjustments provide a process to adjust the lot line between two or more existing adjacent lots, where the land taken from one lot is added to an adjacent lot and where a greater number of lots than originally existed are not thereby created.

Related to Line adjustment. Lot line adjustment means the relocation of the property boundary line in a. Credit Adjustment shall have the meaning specified in Section 3.02. True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

What is a Lot Line Adjustment? Lot Line Adjustments reconfigure property boundary lines between two or more adjacent lots under the same or different ownership. Land is transferred from one lot to another and results in neither a greater nor a lesser number of lots than originally existed.

Thus, a deed conveying a portion of one property to another must be recorded in order for the lot line adjustment to be codified. The county may also require that you record a survey of the new properties. Once the deed is recorded, and all conditions are met, the county will then issue a certificate of compliance.

Adjustments for Items Unpaid by Seller. Prior taxes and other fees owed by the seller that you will pay in the future. The seller is reimbursing you now to cover these expenses. Cash to Close. Actual amount you will have to pay at closing.

Inspection of heating, plumbing, or electrical equipment. These inspection charges may include a fee for insurance or warranty coverage. Line 1400 is for the total. settlement charges paid from Borrower's funds and Seller's funds. These totals are also entered on Lines 103.