A corner that exists is a point where two boundary lines intersect and can be confirmed by original landmarks or trustworthy evidence. It is distinct from a lost corner, which cannot be determined from the original markings, and an obliterated corner, which can only be found using evidence other than what was established by the original surveyor. In a different context, a corner can also refer to gaining control over a commodity in order to artificially increase its price, which may be illegal if done through unlawful methods.
An existent corner refers to a corner that can be verified through an original landmark, surveyor’s field notes, or other reliable evidence. It is the point where two survey lines intersect and forms an angle with two boundary lines. For instance, if a land surveyor uses a tree as a landmark to mark a property corner, and the tree is still standing and identifiable, then that corner is considered an existent corner. The tree serves as the original landmark to verify the corner’s location. On the other hand, a lost corner is a point in a land description, such as a landmark or natural object, whose position cannot be reasonably determined based on the original marks or other acceptable evidence. An obliterated corner is a corner that can only be located using evidence other than what was initially provided by the surveyor. Another meaning of corner is when someone gains control over a significant amount of a commodity in order to artificially increase its price. This is achieved through buying and selling the commodity in a way that lowers the market price, allowing the participants to purchase it at favorable prices and withhold it from the market for a period of time, thus inflating its price. For example, if a group of investors buys up all the coffee beans in the market with the intention of driving up the price, they are creating a corner in the coffee market. However, this practice is illegal if it involves unlawful means.
An Existent Corner refers to a specific point or marker on a property boundary that has been officially established and recognized by a surveyor or government authority.
An Existent Corner is determined through a process called surveying, where a licensed surveyor conducts measurements and research to locate and identify the exact position of a property boundary.
No, an Existent Corner cannot be moved or altered without proper authorization. Any changes to an Existent Corner must be approved by a surveyor and may require legal procedures to ensure accuracy and compliance with property laws.
If an Existent Corner is disputed, it may lead to a boundary dispute between neighboring property owners. In such cases, it is advisable to consult with a lawyer specializing in property law to resolve the dispute through negotiation, mediation, or, if necessary, litigation.
Yes, an Existent Corner can serve as crucial evidence in a property dispute. It is considered an official marker that helps determine the exact location of a property boundary, and its recognition by surveyors and government authorities strengthens its evidentiary value.
The responsibility for maintaining an Existent Corner typically lies with the property owner. It is important to ensure that the marker remains visible and intact to avoid any confusion or disputes regarding the property boundary.
No, an Existent Corner should not be removed or destroyed without proper authorization. Tampering with or removing an Existent Corner can lead to legal consequences, as it may disrupt property boundaries and cause disputes.
Relocating an Existent Corner should only be done under the guidance and approval of a licensed surveyor. If an Existent Corner becomes obstructed or inaccessible due to natural or man-made factors, it is important to consult a professional to determine the appropriate course of action.
To find the Existent Corners on your property, you may need to consult the property’s survey records, hire a licensed surveyor, or contact the relevant government authority responsible for property boundaries. They can provide accurate information regarding the location of Existent Corners.
As a property owner, you have the right to rely on the accuracy and validity of Existent Corners. If there are any disputes or issues related to an Existent Corner, you have the right to seek legal advice and take appropriate action to protect your property interests.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 17th April 2024.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
- Page URL:https://dlssolicitors.com/define/existent-corner/
- Modern Language Association (MLA):Existent Corner. dlssolicitors.com. DLS Solicitors. May 09 2024 https://dlssolicitors.com/define/existent-corner/.
- Chicago Manual of Style (CMS):Existent Corner. dlssolicitors.com. DLS Solicitors. https://dlssolicitors.com/define/existent-corner/ (accessed: May 09 2024).
- American Psychological Association (APA):Existent Corner. dlssolicitors.com. Retrieved May 09 2024, from dlssolicitors.com website: https://dlssolicitors.com/define/existent-corner/
Our team of professionals are based in Alderley Edge, Cheshire. We offer clear, specialist legal advice in all matters relating to Family Law, Wills, Trusts, Probate, Lasting Power of Attorney and Court of Protection.
All author posts