Property Ownership
A 'party wall' agreement in Oregon establishes:
AThe rules for parties and events at a condominium complex
BRights and obligations for a wall shared between two adjacent properties or structures✓ Correct
CA barrier requirement between industrial and residential zones
DAn HOA regulation about fencing
Explanation
A party wall is a wall shared by two adjacent buildings or properties. A party wall agreement establishes the rights and obligations of each owner regarding construction, maintenance, repair, and rebuilding of the shared wall.
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