What is the name of your state?What is the name of your state? Georgia
A neighbor threatened to sue me for trespassing for a fence on his property that he says is mine if I dd not swap property. I just bought the house. I agreed to swap property and an agreement was signed each had to put up a fence and if either person was in violation beyond a specified time period "each agree to pay for each day beyond the deadline for the completion of the renovation ,they would pay liquidated damages in the amount of one hundred dollars per day."
The question is, if he violated the agreement deadline does he owe the money or does he owe it only if I loss money because he did not have it completed ,like loss of rental income.
thank you Glenn
A neighbor threatened to sue me for trespassing for a fence on his property that he says is mine if I dd not swap property. I just bought the house. I agreed to swap property and an agreement was signed each had to put up a fence and if either person was in violation beyond a specified time period "each agree to pay for each day beyond the deadline for the completion of the renovation ,they would pay liquidated damages in the amount of one hundred dollars per day."
The question is, if he violated the agreement deadline does he owe the money or does he owe it only if I loss money because he did not have it completed ,like loss of rental income.
thank you Glenn