Wake North Carolina Agreement to Survey and Fix Location of Known Common Boundary

• Category: Real Estate - Boundary Lines
• State: Multi-State
• County: Wake
• 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. Wake North Carolina's Agreement to Survey and Fix Location of Known Common Boundary is a legally binding document that defines the specific location of a shared boundary between two or more properties in Wake County, North Carolina. This agreement ensures accurate identification, establishment, and maintenance of the boundary, thus resolving any disputes or confusion that may arise regarding property lines. Keywords: Wake North Carolina, Agreement, Survey, Fix Location, Known Common Boundary, Wake County, properties, disputes, confusion. Different types of Wake North Carolina Agreement to Survey and Fix Location of Known Common Boundary can include: 1. Residential Boundary Agreement: This type of agreement is commonly used between adjacent homeowners or neighbors who share a common boundary. It establishes the location of the boundary line with precision, preventing future conflicts. 2. Commercial Boundary Agreement: In commercial settings, where properties are generally larger and involve multiple stakeholders, this agreement ensures clarity and accuracy in defining the common boundary. It protects the rights and interests of all parties involved. 3. Community Boundary Agreement: In planned communities or housing developments, where multiple properties are built in proximity, a community-wide boundary agreement may be required. This agreement ensures consistency and uniformity in establishing and maintaining boundaries throughout the community. 4. Land Development Boundary Agreement: When undeveloped land is being divided into multiple parcels for residential or commercial purposes, a boundary agreement is necessary to clearly define the boundaries of individual lots. This ensures smooth development and eliminates uncertainties during the construction process. 5. Public Infrastructure Boundary Agreement: In cases where public infrastructure, such as roads or utilities, cross private properties, a boundary agreement is needed to determine the exact location of the boundary. It establishes the rights and obligations of both the public entity and the property owners. Each type of agreement serves a specific purpose, but they all share the common goal of accurately surveying and fixing the location of known common boundaries in Wake County, North Carolina.

Wake North Carolina's Agreement to Survey and Fix Location of Known Common Boundary is a legally binding document that defines the specific location of a shared boundary between two or more properties in Wake County, North Carolina. This agreement ensures accurate identification, establishment, and maintenance of the boundary, thus resolving any disputes or confusion that may arise regarding property lines. Keywords: Wake North Carolina, Agreement, Survey, Fix Location, Known Common Boundary, Wake County, properties, disputes, confusion. Different types of Wake North Carolina Agreement to Survey and Fix Location of Known Common Boundary can include: 1. Residential Boundary Agreement: This type of agreement is commonly used between adjacent homeowners or neighbors who share a common boundary. It establishes the location of the boundary line with precision, preventing future conflicts. 2. Commercial Boundary Agreement: In commercial settings, where properties are generally larger and involve multiple stakeholders, this agreement ensures clarity and accuracy in defining the common boundary. It protects the rights and interests of all parties involved. 3. Community Boundary Agreement: In planned communities or housing developments, where multiple properties are built in proximity, a community-wide boundary agreement may be required. This agreement ensures consistency and uniformity in establishing and maintaining boundaries throughout the community. 4. Land Development Boundary Agreement: When undeveloped land is being divided into multiple parcels for residential or commercial purposes, a boundary agreement is necessary to clearly define the boundaries of individual lots. This ensures smooth development and eliminates uncertainties during the construction process. 5. Public Infrastructure Boundary Agreement: In cases where public infrastructure, such as roads or utilities, cross private properties, a boundary agreement is needed to determine the exact location of the boundary. It establishes the rights and obligations of both the public entity and the property owners. Each type of agreement serves a specific purpose, but they all share the common goal of accurately surveying and fixing the location of known common boundaries in Wake County, North Carolina.