party wall

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party wall

A wall built on the line between two properties and necessary for the support of structures built on either side of the property line. Each owner owns the one-half of the party wall on his or her own property and has a support easement in the one-half on the other person's property. Neither person can demolish the one-half of the wall on his or her own property because that would damage the neighbor's building.Townhomes usually share party walls.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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