Document Type: DOCX
Number of Pages: 4
A Squatter Settlement Agreement is a formal real estate document used to resolve land occupation disputes between a registered landowner and an individual or group (squatters) who have been residing on or using land without legal title or permission. Key Components of a Squatter Settlement Agreement:1. Parties Involved2. Property Description3. Background of Dispute / Occupation4. Settlement Terms5. Conditions and Undertakings6. Withdrawal of Legal Action7. Dispute Resolution Clause8. Governing Law9. Signatures and Witnessing10. Attachments (Optional but Recommended)Purpose of a Squatter Settlement Agreement:1. To document an amicable resolution between a landowner and squatter(s) without resorting to eviction or litigation.2. To protect both parties’ rights by clearly outlining the agreed terms for vacating, compensating, leasing, or allocating land.3. To avoid future claims or conflict, especially where land has been occupied over time without legal consent.4. To provide legal evidence of the agreed terms if challenged in court or before land authorities.5. To support peaceful development, succession, or sale of land by clarifying who has rights to occupy or vacate the land.Order for an editable sample template here on Sheriaplex.
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