If you`re planning on doing any renovations to your home in Ontario and your property shares a wall with your neighbor`s property, you`ll need a party wall agreement. This is a legal document that outlines the rights and responsibilities of both parties when it comes to the wall that separates their properties.
Why Do I Need a Party Wall Agreement?
A party wall agreement is necessary because you and your neighbor both have rights to the wall that divides your properties. Even though the wall is on your property or your neighbor`s property, you both have a shared ownership of it.
When you make any changes to the wall, such as installing a new window or door, you`re also affecting your neighbor`s property. Therefore, it`s important to have a party wall agreement in place to ensure that both parties are in agreement with the proposed changes.
What Does a Party Wall Agreement Cover?
A party wall agreement typically covers the following points:
- The type of work that will be done
- The timeline of the work
- The responsibilities of both parties
- The cost of repairs
- Liability for any damage caused by the work
- Dispute resolution process
It`s important to note that a party wall agreement is a legally binding document, so both parties should thoroughly review and understand the terms before signing.
How Do I Get a Party Wall Agreement?
To get a party wall agreement, you`ll need to hire a qualified surveyor. The surveyor will inspect the wall and prepare a report outlining the condition of the wall and any proposed changes.
Once the report is complete, both parties will need to review and agree to the proposed changes. The surveyor will then prepare the party wall agreement document, which both parties will need to sign.
Conclusion
A party wall agreement is an important legal document that protects the rights and responsibilities of both parties when making changes to a shared wall. If you`re planning any renovations to your home in Ontario, be sure to speak with a qualified surveyor to ensure that you have a party wall agreement in place.