The Collin Texas Agreement Establishing Party Wall with Grant of Land to Cure Encroachment is a legal document commonly used in real estate transactions to address encroachment issues between neighboring landowners. This agreement helps parties resolve conflicts related to the shared use or encroachment on a boundary wall or structure. The Agreement Establishing Party Wall with Grant of Land to Cure Encroachment is binding upon parties who wish to ensure that there are no disputes related to the boundary wall. It outlines the terms and conditions under which the party wall can be used, maintained, repaired, and even replaced. By entering into this agreement, the parties agree to jointly own, maintain, and repair the party wall or structure that lies on the boundary line of their respective properties. The agreement also includes provisions for the grant of land to cure encroachment, which means that one party may grant a portion of their land to the other in order to rectify the encroachment issue. There may be different types of Collin Texas Agreement Establishing Party Wall with Grant of Land to Cure Encroachment, depending on the specific circumstances of the encroachment and the needs of the parties involved. These types could include: 1. Residential Party Wall Agreement: This type of agreement is commonly used when the encroachment issue arises between neighboring residential properties. It addresses issues such as shared walls between attached houses or fences, ensuring that both parties have equal rights and responsibilities. 2. Commercial Party Wall Agreement: In cases where the encroachment issue occurs between commercial properties, this type of agreement is employed. It covers situations where businesses share walls, buildings, or structures and establishes guidelines for their use, maintenance, repair, and any necessary land grants to remedy encroachments. 3. Mixed-Use Party Wall Agreement: In scenarios where there is a combination of residential and commercial properties, a mixed-use agreement is utilized. This agreement considers the unique requirements and regulations governing both residential and commercial properties, ensuring a fair and equitable resolution to the encroachment issue. The Collin Texas Agreement Establishing Party Wall with Grant of Land to Cure Encroachment serves as a binding legal contract that protects the rights and responsibilities of both parties involved. It ensures clarity and fairness while addressing encroachment issues and establishing guidelines for the shared use and maintenance of the party wall in question. By engaging in this agreement, parties can avoid potential disputes and peacefully resolve any conflicts that may arise in relation to their shared boundaries.