What is an agreement between neighboring landowners regarding the location of property lines called?

The correct answer defines a formal arrangement that takes place between neighboring landowners to mutually agree upon the specifics of their property lines. This type of agreement is crucial for resolving disputes, clarifying boundaries, and ensuring that both parties have a clear understanding of their respective land areas.

Such agreements help to prevent future conflicts regarding property lines, as they provide a documented consensus that can be referenced if any disagreements arise later. This concept is particularly significant in land surveying and property law, where accurately delineating boundaries is essential for legal clarity and property rights.

While terms like "boundary contract," "land pact," and "territorial settlement" may seem related, they do not specifically capture the commonly used terminology in property law for this particular arrangement. The term "property line agreement" is widely recognized and understood in legal contexts, making it the most appropriate choice here.