Travis Texas Agreement to Survey and Fix Location of Known Common Boundary

• Category: Real Estate - Boundary Lines
• State: Multi-State
• County: Travis
• 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. Travis Texas Agreement to Survey and Fix Location of Known Common Boundary is a legal document used in real estate to precisely determine and establish a common boundary between adjoining properties. This agreement is commonly used when there is a dispute or uncertainty regarding the exact location of a property boundary. The Travis Texas Agreement to Survey and Fix Location of Known Common Boundary serves as a binding contract between the parties involved, outlining the process and conditions under which the survey and boundary determination will take place. By signing this agreement, property owners agree to hire a licensed surveyor to accurately survey the area in question and provide a conclusive determination of the boundary's location. The agreement typically includes essential details such as the names and addresses of the property owners, the legal description of the properties involved, a provision for the selection of the surveyor, and the agreed-upon cost-sharing arrangement for the surveyor's fees. It may also specify a time-frame within which the survey must be completed and any consequences for non-compliance. There are no specific types of Travis Texas Agreement to Survey and Fix Location of Known Common Boundary mentioned, as the agreement itself is applicable in various real estate situations. However, it may be customized based on the specific circumstances of a dispute or the requirements set by local or state laws. Keywords: Travis Texas Agreement, Survey, Fix Location, Known Common Boundary, property, real estate, legal document, boundary determination, dispute, uncertainty, binding contract, licensed surveyor, surveyor's fees, property owners, legal description, time-frame

Travis Texas Agreement to Survey and Fix Location of Known Common Boundary is a legal document used in real estate to precisely determine and establish a common boundary between adjoining properties. This agreement is commonly used when there is a dispute or uncertainty regarding the exact location of a property boundary. The Travis Texas Agreement to Survey and Fix Location of Known Common Boundary serves as a binding contract between the parties involved, outlining the process and conditions under which the survey and boundary determination will take place. By signing this agreement, property owners agree to hire a licensed surveyor to accurately survey the area in question and provide a conclusive determination of the boundary's location. The agreement typically includes essential details such as the names and addresses of the property owners, the legal description of the properties involved, a provision for the selection of the surveyor, and the agreed-upon cost-sharing arrangement for the surveyor's fees. It may also specify a time-frame within which the survey must be completed and any consequences for non-compliance. There are no specific types of Travis Texas Agreement to Survey and Fix Location of Known Common Boundary mentioned, as the agreement itself is applicable in various real estate situations. However, it may be customized based on the specific circumstances of a dispute or the requirements set by local or state laws. Keywords: Travis Texas Agreement, Survey, Fix Location, Known Common Boundary, property, real estate, legal document, boundary determination, dispute, uncertainty, binding contract, licensed surveyor, surveyor's fees, property owners, legal description, time-frame