Residential fencing laws?

Does anyone know if there are actual laws regarding residential fencing? Someone is buying the house next door to ours and is having a privacy fence built. The builders have come right up to our fence, using it as one of their sides. No one ever contacted us or asked our permission and I was just wondering if there are actual guidelines or laws regarding someone using one side of your fence as a side for their fence, instead of building their own side. It's not that we mind them doing it, but I thought there had to be some kind of written agreement when doing something like that. (This is in South Carolina.)

Update:

I know that is the way most fencing is done, and like I said, it's not that we mind them doing it. But, if we share that part of the fence and we paid for that section of the fence...don't we need some type of agreement as to who is responsible for any damages that occur, etc. We paid a lot of money for our fence, and I don't want any type of legal problems in the future should anything happen to that part of the fence and there is any kind of dispute.

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