A party wall agreement is a legal document that is used to settle property disputes between neighboring properties. These agreements are common in urban areas where properties are built closely together. In Denver, party wall agreements are governed by the city`s building code and require strict adherence to ensure that both parties are protected.

Before a party wall agreement can be signed, a detailed survey is usually conducted to determine the boundaries of each property and the location of any shared structures. The surveyor will also identify any potential issues that may arise during the construction process, such as concerns about the stability of the foundation or the potential impact of excavation work.

Once the survey is complete, the two parties will meet to discuss and draft the party wall agreement. This document will outline the responsibilities and obligations of each party, including details about any shared walls, fences, or other structures. The agreement will also include provisions for how repairs and maintenance will be handled, as well as any penalties for violations of the agreement.

It is important to note that party wall agreements are legally binding documents that require the signatures of both parties. Failure to comply with the terms of the agreement can result in legal action and potential financial penalties.

If you are planning to do any construction work that may affect a shared wall or structure, it is essential to consult with a building surveyor and a qualified attorney to ensure that you are in full compliance with Denver`s building code and party wall agreement requirements.

In conclusion, a party wall agreement is an essential document for resolving property disputes and ensuring that both parties are protected during construction projects. With the help of a qualified building surveyor and attorney, you can draft a comprehensive and legally binding agreement that will help keep your project on track and avoid any potential legal issues down the line.