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A lot line adjustment agreement is a legal document that allows property owners to modify the boundary lines of their land. In California, lot line adjustments are generally governed by city and county zoning ordinances, as well as state law.
There are a number of reasons why property owners in California might seek a lot line adjustment agreement. For example, a property owner might want to adjust the boundary lines of their land in order to create more open space on their property, or to prevent future disputes with their neighbors over property lines. Additionally, a lot line adjustment agreement may be necessary in order to obtain building permits or to comply with other legal requirements.
If you are considering a lot line adjustment agreement in California, it is important to work closely with an experienced real estate attorney to ensure that the process is handled properly. Depending on the specific circumstances of your situation, you may need to obtain the consent of your neighbors or comply with other legal requirements before the lot line adjustment can be completed.
One potential complication with lot line adjustments in California is that they can affect property tax assessments. Generally, a lot line adjustment will result in a reassessment of the affected properties, which can impact taxes and other financial considerations for the property owners involved.
Overall, it is important to approach any lot line adjustment agreement in California with careful consideration and expert guidance. By working with a knowledgeable real estate attorney, you can ensure that the process is handled smoothly and in accordance with all applicable laws and regulations.