Larry, The laws regarding boundaries and old established fence lines and Adverse Posession can fill libraries and Im obviously NOT going to open that entire can of worms here in laymans terms for several reasons. That being said and to provide you with a small bit of free professional legal advice, you need to COLLECT AND PRESERVE AND MEMORIALIZE ANY AND ALL EVIDENCE OF THAT OLD FENCE LINE !!!!!!!!!!!!!!!!!!!!!!!!
BEFORE you do anything Id take plenty of pictures and even some video recordings and DO NOT TEAR DOWN ANY OLD FENCE. You might drive a few new steel T Posts along it regardless if its in bad shape currently. Its good to start some maintenance and clearing etc on your property up to any old fences and begin treating and especially MAINTAINING it as your own.
You can hire a surveyor but I see no need for that currently. If you do HIS SURVEY DOES NOT ESTABLISH ANY "LEGAL" BOUNDARY, its merely a qualified and EXPERT OPINION. Theres an entire body of law regarding boundary disputes and its pretty well settled and the Courts, NOT you or I or the neighbor or surveyors or anyone here who makes the call.
Preserve, record, maintain and treat the old fence as your boundary and take two aspirins n call me at the office Monday lol. If any serious important questions arise, consult trained professionals and experts like local surveyors and attorneys before you risk what the "brother in law" has to say about it lol
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