A property encroachment agreement is a legal document that helps resolve disputes between property owners when one owner’s property extends beyond their legal boundary and onto their neighbor’s property. Encroachment often results from property improvements like fences, walls, or buildings that were constructed without proper survey or permits.
An encroachment can cause significant damage to the relationship between neighbors, leading to legal disputes that might not be settled easily without a property encroachment agreement. Property encroachment agreements help manage the process of settling these disputes by creating legally binding terms that both parties can agree to.
The agreement outlines how much land is encroached upon and the party responsible for the encroachment. It also includes a plan for removing the encroachment and restoring the original property boundaries. The document is signed by both parties to confirm their acceptance of the terms and to establish the legal obligations and responsibilities of each party.
In some cases, a property encroachment agreement can also include compensation or payment for damages. For example, if the encroachment caused damage to the neighbor’s property, the responsible party may agree to pay for repairs. The agreement can also outline a timeframe for when the encroachment is to be resolved.
Property encroachment agreements are essential documents that protect both parties from further legal consequences that may arise from land disputes. Consulting with a real estate lawyer is essential when dealing with property encroachment matters, as they can provide legal guidance on the terms of the agreement that are in your best interest.
In conclusion, a property encroachment agreement can be a beneficial tool when dealing with property boundary disputes. It is essential to address any encroachment issues as soon as possible to avoid further legal complications and maintain good neighborly relations. Contact a real estate lawyer to help create and finalize a property encroachment agreement that works for both parties involved.