Virginia 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 Virginia Agreement to Survey and Fix Location of Known Common Boundary is a legal document that outlines the process of determining and confirming the boundary lines between adjoining properties. This agreement is crucial in resolving disputes or uncertainties regarding property boundaries, ensuring clarity and avoiding potential conflicts among neighboring landowners. The purpose of the Virginia Agreement to Survey and Fix Location of Known Common Boundary is to establish a common understanding of the boundary lines based on accurate measurements and professional surveying. The agreement usually involves two or more parties who own property adjacent to each other and wish to settle any boundary-related issues. By signing this agreement, property owners agree to hire professional surveyors to conduct a thorough survey of their properties, identifying the existing boundaries and potential discrepancies. The surveyors will use advanced techniques, such as GPS technology and physical measurements, to accurately determine the location of the common boundary line. This ensures that the boundary is precisely marked and agreed upon by all parties involved. The Virginia Agreement to Survey and Fix Location of Known Common Boundary serves as a legally binding contract between the property owners participating in the survey. It outlines the responsibilities of each party, the surveying procedures to be followed, and the principles by which any boundary disputes will be resolved. This agreement promotes transparency, fairness, and cooperation in dealing with boundary matters. Although the primary purpose of the agreement is to survey and fix the location of a known common boundary, there may be variations or modifications based on specific circumstances. For example, variations could include agreements that involve multiple properties or agreements to adjust boundary lines based on new data or changed circumstances. These variations are typically addressed through additional clauses or addendums to the main agreement. In summary, the Virginia Agreement to Survey and Fix Location of Known Common Boundary is an essential legal tool for property owners seeking to establish and confirm the boundaries between their lands. It ensures accuracy, prevents conflicts, and promotes mutual understanding among neighboring landowners. By enabling professional surveying and documenting the process, this agreement provides a solid foundation for property ownership and boundary dispute resolution.