Encroachment Agreement
THIS AGREEMENT dated as of “Licensor”): between (the “Licensee”) and (the
WHEREAS the Licensee is the owner of the property municipally known as “Licensee’s Property”); AND WHEREAS the Licensor is the owner of the property municipally known as “Licensor’s Property”);
(the
(the
AND WHEREAS the Licensee wishes to obtain the right to encroach upon the Licensor’s property specifically for the purposes set out below; AND WHEREAS the Licensor is prepared to permit such encroachment, strictly in accordance with the terms and conditions hereof; NOW THEREFORE in consideration of the premises and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. The Licensor hereby licenses and permits the Licensee to but only in accordance with the sketch of survey attached to this Agreement and marked as Schedule “A” (the “Encroachment”). The Licensee shall not acquire any right, title or interest in or to the Licensor’s Property or the portion thereof affected by the Encroachment, except the right to maintain the Encroachment in accordance with the terms and conditions of this Agreement. The Licensee hereby agrees to remove the Encroachment upon receipt of ninety (90) days prior written notice from the Licensor requesting the Licensee to remove the same. This Agreement shall enure to the benefit of, and be binding upon the parties hereto, and their respective heirs, executors, successors and assigns.
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IN WITNESS WHEREOF this Agreement has been executed by the parties hereto as of the date first above written.
Witness
Licensee
Witness
Licensor
Schedule “A” Sketch of Survey Establishing Encroachment