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.
Chicago Illinois Agreement to Survey and Fix Location of Known Common Boundary is a legal document that serves the purpose of establishing and confirming the precise location of a common boundary between two properties or parcels of land in Chicago, Illinois. This agreement is usually entered into by adjacent property owners who want to avoid future boundary disputes or uncertainties. The agreement is designed to provide an accurate description of the boundary line based on a survey conducted by a professional land surveyor. It outlines the boundaries in precise terms, often including specific measurements, metes and bounds descriptions, and other relevant details related to the location of the common boundary. By entering into this agreement, both parties acknowledge and accept the accuracy of the survey results and agree to abide by the determined boundary line. This legally binding document aims to prevent any confusion or disagreement regarding the boundary of the respective properties. Keywords: Chicago Illinois, Agreement to Survey, Fix Location, Known Common Boundary, legal document, boundary disputes, adjacent property owners, uncertainties, accurate description, professional land surveyor, measurements, metes and bounds descriptions, relevant details, location, common boundary, legitimacy. Different Types of Chicago Illinois Agreement to Survey and Fix Location of Known Common Boundary: 1. Residential Property Agreement to Survey and Fix Location of Known Common Boundary: This type of agreement is specific to residential properties in Chicago, Illinois. It is commonly used by homeowners who share a common boundary and wish to establish a clear and definitive boundary line between their properties. 2. Commercial Property Agreement to Survey and Fix Location of Known Common Boundary: This category of agreement is tailored for commercial properties in Chicago, Illinois. Businesses or commercial property owners often utilize this agreement to avoid potential boundary disputes with neighboring properties and ensure clarity in their property boundaries. 3. Municipal Agreement to Survey and Fix Location of Known Common Boundary: This variant of the agreement is employed when two adjacent municipal authorities or government entities need to define and solidify the boundary line between their jurisdictions. This agreement helps in avoiding conflicts and streamlining administrative processes between the two entities. 4. Industrial Property Agreement to Survey and Fix Location of Known Common Boundary: Specifically designed for industrial properties, this type of agreement addresses the needs of industrial landowners who share a common boundary in Chicago, Illinois. It serves as a legal tool to establish and confirm the exact boundary line, ensuring both parties have a clear understanding of their respective property limits. These different types of Chicago Illinois Agreement to Survey and Fix Location of Known Common Boundary cater to specific needs depending on the nature of the properties involved. However, the purpose remains the same — to define, confirm, and prevent future disputes over the location of a common boundary.
Chicago Illinois Agreement to Survey and Fix Location of Known Common Boundary is a legal document that serves the purpose of establishing and confirming the precise location of a common boundary between two properties or parcels of land in Chicago, Illinois. This agreement is usually entered into by adjacent property owners who want to avoid future boundary disputes or uncertainties. The agreement is designed to provide an accurate description of the boundary line based on a survey conducted by a professional land surveyor. It outlines the boundaries in precise terms, often including specific measurements, metes and bounds descriptions, and other relevant details related to the location of the common boundary. By entering into this agreement, both parties acknowledge and accept the accuracy of the survey results and agree to abide by the determined boundary line. This legally binding document aims to prevent any confusion or disagreement regarding the boundary of the respective properties. Keywords: Chicago Illinois, Agreement to Survey, Fix Location, Known Common Boundary, legal document, boundary disputes, adjacent property owners, uncertainties, accurate description, professional land surveyor, measurements, metes and bounds descriptions, relevant details, location, common boundary, legitimacy. Different Types of Chicago Illinois Agreement to Survey and Fix Location of Known Common Boundary: 1. Residential Property Agreement to Survey and Fix Location of Known Common Boundary: This type of agreement is specific to residential properties in Chicago, Illinois. It is commonly used by homeowners who share a common boundary and wish to establish a clear and definitive boundary line between their properties. 2. Commercial Property Agreement to Survey and Fix Location of Known Common Boundary: This category of agreement is tailored for commercial properties in Chicago, Illinois. Businesses or commercial property owners often utilize this agreement to avoid potential boundary disputes with neighboring properties and ensure clarity in their property boundaries. 3. Municipal Agreement to Survey and Fix Location of Known Common Boundary: This variant of the agreement is employed when two adjacent municipal authorities or government entities need to define and solidify the boundary line between their jurisdictions. This agreement helps in avoiding conflicts and streamlining administrative processes between the two entities. 4. Industrial Property Agreement to Survey and Fix Location of Known Common Boundary: Specifically designed for industrial properties, this type of agreement addresses the needs of industrial landowners who share a common boundary in Chicago, Illinois. It serves as a legal tool to establish and confirm the exact boundary line, ensuring both parties have a clear understanding of their respective property limits. These different types of Chicago Illinois Agreement to Survey and Fix Location of Known Common Boundary cater to specific needs depending on the nature of the properties involved. However, the purpose remains the same — to define, confirm, and prevent future disputes over the location of a common boundary.
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.