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The agreement is between neighboring states or jurisdictions in the United States that set specific boundaries between their properties and serve to resolve territorial disputes. These agreements are useful in resolving boundary disputes, clarifying property lines, and avoiding potential conflicts.
Property boundary means an imaginary line exterior to any enclosed structure, at the ground surface, and its vertical extension, which separates the real property owned by one person from that owned by another person.
Property lines, or boundary lines, define the points where properties begin and end. These boundaries are used when installing features such as fences, pools and home additions. Some property lines have physical markers, whereas others are invisible.
Boundary example Let's say the Smith family's property extends 80 feet from the road. The boundary line is also listed as mapping coordinates on the property's deed. The Smiths want to plant a garden toward the edge of their yard, and this allows them to know exactly where they can place it.
Rivers, mountain ranges, oceans, and deserts can all serve as physical boundaries. Many times, political boundaries between countries or states form along physical boundaries.
Legal boundary ? a legal boundary deals with the precise separation of ownership of land. It is an invisible line dividing one person's land from another's. It does not have thickness or width and usually, but not always, falls somewhere in or along a physical boundary feature such as a wall, fence or hedge.
The boundary is an inherent part of a property's legal description, which is the specific geographic description of a parcel of land that is used to identify it for legal transactions involving it. An ambiguous legal description or boundary can cause title to be unmarketable.
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.