Common Wall Clause Samples
A Common Wall clause defines the rights and responsibilities of property owners who share a wall that sits on or near the boundary between their properties. Typically, this clause outlines how maintenance, repairs, and costs associated with the shared wall are to be handled, and may specify procedures for making alterations or resolving disputes. Its core function is to prevent conflicts and ensure both parties understand their obligations regarding the shared structure, thereby promoting cooperation and minimizing legal disputes.
Common Wall a. In the event of loss to a common wall or party wall and subject to all other applicable policy provisions and "limits":
Common Wall. The Common Wall between and , Cape Coral, FL is located on the lot line separating lots and of said property.