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damn that is a lot of hours
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Simple English definitions for legal terms
boundary by agreement
Read a random definition: final settlement
A quick definition of boundary by agreement:
Boundary by agreement: When two parties agree on where their property lines should be, it is called a boundary by agreement. This means that they have come to an understanding about where one person's property ends and the other person's property begins. It is also known as an agreed boundary.
A more thorough explanation:
Boundary by agreement refers to a situation where two parties agree on the location of a boundary line between their properties. This is also known as an agreed boundary.
John and Jane are neighbors who have been disputing the location of their property line for years. They finally decide to hire a surveyor to determine the exact location of the boundary. After reviewing the surveyor's report, John and Jane agree to move the boundary line slightly to accommodate both of their needs. This new boundary line is now considered a boundary by agreement.
Another example could be two neighbors who have been living next to each other for years and have always assumed that a certain tree marks the boundary line between their properties. They decide to make it official and agree that the tree is indeed the boundary line.
In both examples, the parties involved come to an agreement on the location of the boundary line, which is then recognized as a boundary by agreement.