The "Arkansas Agreement Establishing Party Wall with Grant of Land to Cure Encroachment" is a legal document that is commonly used in the state of Arkansas to resolve issues related to encroachment onto someone else's property. This agreement helps both parties involved to establish a shared party wall and sets out the terms and conditions for the granting of the land in order to cure the encroachment. The primary purpose of this agreement is to provide a legal framework for resolving property disputes, particularly when one structure has encroached onto another property. By creating a party wall, both property owners can maintain their ownership and prevent the encroaching structure from causing any further conflicts. The Arkansas Agreement Establishing Party Wall with Grant of Land to Cure Encroachment typically includes the following key elements: 1. Parties: The agreement identifies the parties involved, including the property owner whose land is encroached upon and the owner of the encroaching structure. 2. Property Description: The document provides a detailed description of both properties, including their legal descriptions, boundaries, and any pertinent measurements. 3. Encroachment Details: The agreement outlines the specific encroachment issue, explaining how one structure has intruded upon the other property. 4. Party Wall Creation: This section establishes the creation of a party wall, which is a shared boundary wall between the two properties. It includes terms regarding the construction, maintenance, and responsibilities associated with the party wall. 5. Grant of Land: Here, the agreement outlines the granting of a portion of the encroached-upon property to the encroaching party. This grant serves to remedy the encroachment and give the encroaching party legal ownership of the land upon which their structure sits. 6. Terms and Conditions: The agreement sets forth the terms and conditions for the continued use, maintenance, and access to the party wall and the granted land. It may include provisions related to easements, insurance, indemnification, and dispute resolution. 7. Signatures: Both parties are required to sign the agreement, indicating their voluntary consent to the terms outlined within. Different types or variations of the Arkansas Agreement Establishing Party Wall with Grant of Land to Cure Encroachment may exist depending on the unique circumstances of each encroachment case. However, the general structure and purpose of the agreement remain the same — to establish a party wall and resolve the encroachment issue legally and fairly. Keywords: Arkansas, agreement, establishing party wall, grant of land, cure, encroachment, legal document, property dispute, shared boundary, construction, maintenance, responsibility, easement, insurance, indemnification, terms, conditions.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.