For business owners, navigating a boundary dispute can be a touchy situation. Adopting a thoughtful and constructive approach improves the odds of finding a resolution that works for your venture as much as the community.
It is important for all business owners to know how they can square away any border disagreement that happens to arise.
Tip 1. Initiate open communication
Begin by raising the topic in a public setting. Pick a neutral place where interested parties can calmly and rationally express their concerns. Addressing the topic in person should help build understanding and calm tensions.
Tip 2. Research property boundaries
Investigate official records to confirm whether your point of view is accurate. Obtain a copy of your property survey or deed, and encourage those with an opposing perspective to do the same. Working with objective documentation sets the stage for rationally addressing the matter.
Tip 3. Hire a surveying service
Consider using a surveyor to assess the boundaries and provide a final verdict. Commercial property buyers dealing with a dispute need the American Land Title Association to do the job. Expect the cost to fall between $1,200 and $3,000, far less than going to court.
Tip 4. Memorialize agreements
Once there is an agreement, get the resolution in writing. Holding a legal document helps mitigate future misunderstandings and provides a reference point should the argument persist and lead to litigation.
Commercial boundary disputes tend to be fraught with emotion. Instead of giving in to darker impulses and making decisions that inflame tensions, handle these matters in a manner more likely to yield a peaceful conclusion.