Compromise and Settlement Disputed Boundary Line

Document Sample
Compromise and Settlement Disputed Boundary Line Powered By Docstoc
					               Compromise and Settlement -- Disputed Boundary Line

        Agreement made on the (date), between (Name of Landowner A) of (street address, city,
state, zip code), referred to herein as Landowner A, and (Name of Landowner B), of (street
address, city, state, zip code), referred to herein as Landowner B.

       Whereas, the parties are adjoining landowners owning parcels of property located and
described on Exhibits A and B with Landowner A’s property being described in Exhibit A and
Landowner B’ property being described in Exhibit B, said Exhibits being attached hereto and
made a part hereof; and

        Whereas, the existing common boundary line between the properties of the parties, as
set forth in deeds held by them, is described in Exhibit C attached hereto and made a part
hereof; and

       Whereas, the true location of this line has been made uncertain in recent years due to
(describe reason); and

      Whereas, the parties desire to establish a new boundary line for their mutual
convenience;

       Now, therefore, for and in consideration of the mutual covenants contained in this
Agreement, and other good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the parties agree as follows:

1.      Location of New Boundary
        A new boundary line between the property owned by the parties shall be located as
follows: (legal description of boundary line).

2.      Consideration for Agreement
        In consideration of what purports to be a loss in acreage suffered by Landowner A as a
result of establishing the described new boundary, Landowner B agrees to pay to Landowner A
$_______________.

3.       Execution of Deeds
         In compliance with this Agreement, Landowner A grants and sells to Landowner B
whatever rights were previously held by Landowner A to the strip of land between the existing
agreed common boundary line and the line descri
				
DOCUMENT INFO
Shared By:
Stats:
views:60
posted:11/23/2010
language:English
pages:2
Description: Adjoining landowners are the owners of lands that are separated by a common boundary line. In this situation, the boundary line has become uncertain and the owners settle the disputed boundary by a conveyance of property and an easement.
BUY THIS DOCUMENT NOW PRICE: $9.99 100% MONEY BACK GUARANTEED
PARTNER William Glover
I received my B.B.A. from the University of Mississippi in 1973 and my J.D. from the University of Mississippi School of Law in 1976. I joined the firm of Wells Marble & Hurst in May 1976 as an Associate and became a Partner in 1979. While at Wells, I supervised all major real estate commercial loan transactions as well as major employment law cases. My practice also involved estate administration and general commercial law. I joined the faculty of Belhaven College, in Jackson, MS, in 1996 as Assistant Professor of Business Administration and College Attorney. While at Belhaven I taught Business Law and Business Ethics in the BBA and MBA programs; Judicial Process and Constitutional Law History for Political Science Department); and Sports Law for the Department of Sports Administration. I am now on the staff of US Legal Forms, Inc., and drafts forms, legal digests, and legal summaries. I am a LTC and was Staff Judge Advocate for the Mississippi State Guard from 2004-2008. I now serve as the Commanding Officer of the 220th MP BN at Camp McCain near Grenada, MS. I served on active duty during Hurricanes Dennis (July, 2005), Katrina (August, 2005) and Gustav in 2008. I played football at the University of Mississippi in 1969-1971 under Coach John Vaught. I am the author of the Sports Law Book (For Coaches and Administrators) and the Sports Law Handbook for Coaches and Administrators (with Legal Forms),