New York 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.

The New York Agreement to Survey and Fix Location of Known Common Boundary is a legal framework aimed at resolving disputes regarding the boundaries separating different territories or jurisdictions. It involves conducting surveys and determining the exact location of the common boundary between two or more entities. This agreement is significant in settling territorial disputes and ensuring clarity and stability in terms of land or maritime boundaries. It provides a structured approach to resolving disagreements between neighboring regions or countries, enabling them to establish commonly accepted borders. The New York Agreement to Survey and Fix Location of Known Common Boundary can have different types, depending on the specific context or nature of the dispute. Some of these types include: 1. International Boundary Agreements: These agreements are made between two or more sovereign nations to establish and define their shared borders. Examples include the New York Agreement between Indonesia and the Netherlands in 1962, which resolved the dispute over West Father's sovereignty. 2. Interstate Boundary Agreements: These agreements are formed between different states within a single country to demarcate their boundaries. Examples include the New York-New Jersey Boundary Agreement of 1921, which settled the dispute regarding the boundary between these two U.S. states. 3. Subnational Boundary Agreements: These agreements are made between smaller political subdivisions within a country, such as provinces, states, or regions. They outline the boundaries between these subdivisions, ensuring clear demarcation and preventing potential conflicts. Examples include various agreements between Canadian provinces, such as the New York Agreement to Survey and Fix Location of Known Common Boundary between Ontario and Quebec. 4. Maritime Boundary Agreements: These agreements primarily concern the demarcation of boundaries in shared water bodies, such as seas, oceans, and lakes. They aim to determine the extent of each party's territorial waters and exclusive economic zones. The New York Agreement between India and Bangladesh in 2014 is an example of a maritime boundary agreement resolving disputes over the Bay of Bengal. In conclusion, the New York Agreement to Survey and Fix Location of Known Common Boundary is a crucial legal instrument for resolving territorial disputes and maintaining stability between different entities. Its various types cater to different levels of governance, from international relationships to smaller political subdivisions or maritime boundaries. These agreements play a vital role in promoting peace, preventing conflicts, and ensuring a clear and defined framework for the sharing of lands and waters.