What term describes a method of distributing land excess or deficiency found by survey among parties with equal rights?

The term that best describes the method of distributing land excess or deficiency found by survey among parties with equal rights is proration. Proration refers to the process of allocating the surplus or shortfall of property among the parties involved, ensuring that each party's share is adjusted fairly based on their original entitlement and the results of the survey.

This technique is particularly useful in situations where land has been surveyed and the findings indicate that there is an excess or a deficiency that needs to be addressed. The goal is to achieve an equitable resolution, ensuring no party is unfairly advantaged or disadvantaged due to discrepancies in land measurement.

In contrast, the other options do not specifically align with the concept of dealing with land excess or deficiency in a survey context. Division of Assets might refer to the broader concept of dividing property but does not specifically focus on land distribution based on survey findings. Land Redistribution typically suggests a more systemic reallocation of land ownership, often for socio-economic reasons, rather than a focused survey-related adjustment. Reallocation involves transferring or rearranging resources but lacks the specificity of adjusting land based on survey results for parties with equal rights.