Fill Out a Valid Shared Well Agreement Form

Fill Out a Valid Shared Well Agreement Form

A Shared Well Agreement form is a legally binding document between two or more property owners who agree to share a water well and its maintenance costs. It outlines the terms and conditions for the use, maintenance, and financial responsibilities associated with a shared water source. This agreement ensures that all parties involved clearly understand their rights and obligations, promoting harmony and preventing disputes over water use and expenses.

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Entering into a Shared Well Agreement is a significant step for homeowners who rely on a shared water source for their domestic needs. This meticulously structured agreement outlines the responsibilities and rights of both the supplying and supplied parties, ensuring a harmonious arrangement that benefits all involved properties. It goes beyond merely addressing the access to water, diving into details such as the maintenance, operation costs, and how emergencies are handled. The agreement is designed to ensure that the well and water distribution system are used effectively to provide an adequate water supply for domestic use, while also stipulating how costs for operation, maintenance, and necessary system improvements are divided and managed. Furthermore, safety and quality are not overlooked, with clauses specifying that the water must meet health standards for human consumption. It introduces a cooperative framework whereby both parties agree to share the burden of costs proportionally, offering clarity on financial responsibilities like the annual fees, the sharing of repair expenses, and the specific terms regarding the use and maintenance of the water distribution facilities. The agreement stands as a perpetual covenant, binding not only the current owners but also future occupants of the properties, ensuring that the shared well remains a reliable resource for years to come. By setting clear guidelines and expectations, this agreement lays the foundation for a sustainable and efficient sharing of water resources, which is crucial for homeowners in areas where access to a public water supply is not available.

Document Example

Shared Well Water Agreement

This Agreement, made and entered into this ____day of __________ by and between

_____________________________, who resides at _____________________________

_____________________________ (street address, city, county, state, zip code), hereinafter

referred to as the "supplying party," and _____________________________, who resides at

__________________________________________________________ (street address, city,

county, state, zip code), hereafter referred to as the "supplied party:”

WHEREAS, the supplying party is the owner of property located at

__________________________________________________________ (street address, city,

county, state, zip code), which property is hereafter referred to as “Parcel 1” and is more fully described as follows:

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

(Put Legal Description of Property Here)

WHEREAS, the supplied party is the owner of property located at

__________________________________________________________ (street address, city,

county, state, zip code), which property is hereafter referred to as “Parcel 2” and is more fully described as follows:

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

(Put Legal Description of Property Here)

WHEREAS, the undersigned parties deem it necessary to provide a well system to service the parcels described herein, and an Agreement has been reached relative to supplying water from the well and sharing the cost of supplying said water; and

WHEREAS, there is located a well upon the above described property of supplying party; together with water distribution facilities, hereinafter referred to as "water distribution system", for the purpose of supplying water to all properties connected to the said water distribution system; and

WHEREAS, it is the intention and purpose of the undersigned parties that the well and water distribution system shall be used and operated to provide an adequate supply of water for each of the properties connected thereto, for the domestic consumption of the occupants of said properties, and to assure the continuous and satisfactory operation and maintenance of the well and water

distribution system for the benefit of the present and future owners, their heirs, successors and assigns of the properties connected thereto; and

WHEREAS, the said well is deemed by the parties hereto to be of adequate capacity to supply a single family dwelling on each of the parcels described herein with water from the well for all domestic uses of a single family residing therein; and

WHEREAS, the water from the well has undergone a water quality analysis from the State of

___________ health authority and has been determined by the authority to supply safe for human

consumption; and

WHEREAS, the parties hereto desire to enter this Agreement for the purpose of reducing to writing their respective rights and obligations pertaining to said well and water distribution system.

NOW THEREFORE, in consideration of the promises and covenants herein contained, it is agreed that the well and water distribution system situated on Parcel 1 shall be used by the parties to this Agreement, as well as by all future owners and occupants of said Parcels 1 and 2, upon the following terms and conditions:

1.That until this Agreement is terminated, as hereinafter provided, the parties hereto (and their heirs, successors and assigns, for the exclusive benefit of the respective parcels of said real estate, and for the exclusive use of the households residing thereon), are hereby granted the right in common with the other parties to this Agreement, to draw water from the well located on Parcel 1 for domestic use excluding the right to draw water to fill swimming pools of any type.

2.That the owners or residents of the dwellings located on Parcels 2, as of the date of this Agreement shall:

a.Pay or cause to be paid to the supplying party, an annual fee for this use of the well and water distribution system in the amount of $_____________ on or before the 15th of January each year, with the exception of this year whereby the amount shall be $____________ and paid on the execution of this Agreement.

b.Pay or cause to be paid promptly, a proportionate share of all expenses for the operation and maintenance of the well and water distribution system that may become necessary. Each respective share shall be determined by dividing the amount of each expense by two, it being understood that the supplying party and the supplied party shall pay an amount equal to one half of the total of such necessary repair or replacement. Shared expenses include the cost of electricity for pumping, repairs and maintenance on said well and water distribution system.

3.That the cost of any removal or replacement of pre-existing site improvements on an individual

parcel necessary for system operation, maintenance, replacement, improvements, inspection or testing, damaged as a result of repair of the well or water distribution system maintenance will be borne by the owner of the affected parcel, except that costs to remove and replace common boundary fencing or walls damaged as a result of repair shall be shared equally between or among parties so damaged.

4.That each of the parties hereby agrees that they will promptly repair, maintain and replace all water pipes or mains serving their respective dwellings.

5.That the consent of all parties to pay a proportionate share of costs shall be obtained prior to embarking upon expenditures for system maintenance, replacement or improvement, except in emergency situations.

6.That the supplied party shall pay to the supplying party his proportionate share for the cost of energy for the operation of the pumping equipment. This cost shall be determined by a separate meter upon each dwelling and for each parcel.

7.That it is the agreement of the parties hereto that the payment for energy cost shall be made not later than the _________day of each succeeding month during the term of this Agreement. In the event that any such payment remains unpaid for a period of ____days, the supplying party may terminate the supply of water to the supplied party until all arrearages in payment are received by the supplying party.

8.That each of the parties to this Agreement does hereby grant to the other, his heirs, successors and assigns, such easements over, across and through the respective parcels as shall be reasonably necessary for the construction of the well, maintenance of water pipes, pumping equipment, mains, electrical wiring and conduit consistent with the purposes of this Agreement. These easements are described below, to wit:

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

(Describe easements, if any)

10.That no party may install landscaping or improvements that will impair the use of said easements.

11.That each party shall have the right to act to correct an emergency situation and shall have access to the pertinent parcel in the absence of the other. An emergency situation shall be defined as

the failure of any shared portion of the system to deliver water upon demand.

12.That only those parcels of real estate hereinabove described and the dwellings located thereon shall be permitted to receive water from said well and pumping equipment; and each of the parties hereto does hereby covenant and agree that he/she will not allow or permit other persons, other than household guests, to take, draw, use or receive water from the well, nor permit other persons to connect to the pipes or mains serving his/her respective parcel.

13.That in the event the referenced well shall become contaminated and shall no longer supply

water suitable for domestic consumption, or shall no longer supply water adequate for the needs of all relevant parties, or in the event that another source of water shall become available to the respective parcels, then the rights and obligations of the parties created by this Agreement shall cease and terminate in accordance with the terms and conditions hereinafter described.

14.That upon the availability of such other source of water, it is contemplated that a reasonable time shall be allowed to effectuate the necessary connections to the new source.

15.That the respective rights and obligations of the parties shall continue until the parties who wish to terminate their participation in the Well Agreement have executed and filed a written statement of termination at the _____________________________ (office where deeds in your state are recorded) of the County of ____________ and the state of ____________________. Upon termination of participation in this Agreement, the owner and occupant of each residence which is terminated from the Agreement shall have no further right to the use of the well. The terminated parties shall disconnect their respective lateral connection from said well system and shall have no further obligation to pay or collect for maintenance and related expenses incurred thereafter. The costs of disconnection from the well and water system shall be borne by the owner of the pertinent parcel.

19.That the term of this Agreement shall be perpetual, except as herein limited.

20.That the benefits and burdens of this Agreement shall constitute a covenant running with the parcels of land herein described and shall be binding upon the heirs, successors in title and assigns of the parties hereto.

21. Any dispute under this Agreement shall be required to be resolved by binding arbitration

of

the parties hereto. If the parties cannot agree on an arbitrator, each party shall select one

 

arbitrator and both arbitrators shall then select a third. The third arbitrator so selected shall

 

arbitrate said dispute. The arbitration shall be governed by the rules of the American

 

Arbitration Association then in force and effect.

 

Witness our signatures this the ____ day of __________, 20____.

 

__________________________________________________

(Acknowledgment before a notary public, the form of which will vary by state)

Form Breakdown

Fact Name Description
Parties Involved The agreement is between the supplying party, who owns the well, and the supplied party, who uses water from the well.
Purpose of Agreement To document the supply of water, share costs of operation, maintenance, and ensure continuous and satisfactory service for both present and future owners.
Rights and Obligations Includes rights to draw water for domestic use, share costs of electricity, maintenance, and repairs. Specifies obligations for maintaining water pipes and mains.
Governing Law State-specific health standards for water quality, described easements, and binding arbitration governed by the American Arbitration Association rules.

Shared Well Agreement - Usage Guide

When you're ready to set up a Shared Well Agreement, it's important to follow each step carefully to ensure that all the necessary details are correctly entered. This agreement outlines the responsibilities and rights of both parties involved in sharing a well for water supply. Here are the required steps to fill out the form:

  1. Start by entering the current date in the space provided at the beginning of the agreement.
  2. Fill in the name and full address (street address, city, county, state, zip code) of the supplying party - the owner of the well and property of Parcel 1.
  3. Next, enter the name and full address of the supplied party - the individual(s) or entity that will be receiving water from the well on Parcel 1.
  4. For both Parcel 1 and Parcel 2, input the street address, city, county, state, zip code, followed by a legal description of the property as required in the spaces provided. This might include specific boundaries or land marks noted in property documents.
  5. Note down any legal descriptions of easements granted between properties, describing how the water pipes, pumping equipment, and mains will cross properties.
  6. Enter the agreed annual fee for the use of the well and water distribution system, including specifics for any different amount payable upon execution of this agreement.
  7. Add details about the shared expenses, including operation and maintenance of the well and the water distribution system. This should indicate how expenses are divided and detail any specific items included in these costs.
  8. Include specifics about the cost sharing of energy for the operation of the pumping equipment, which is determined by a separate meter for each dwelling and parcel.
  9. Specify the due date for energy cost payments and the grace period before the supplying party can terminate the supply due to unpaid costs.
  10. Detail the easements granted for the construction and maintenance of the well and water distribution system, including descriptions if applicable.
  11. State the procedure for handling emergency situations, including access rights to each other's parcels when necessary.
  12. Outline the conditions under which the rights and obligations of the agreement would cease, such as well contamination or availability of another water source.
  13. Specify the process for terminating participation in the Well Agreement, including disconnection from the well system and the responsibilities for associated costs.
  14. Confirm the term of the agreement as perpetual, unless limited by specific conditions outlined in the agreement.
  15. Clarify that the agreement's benefits and burdens act as a covenant running with the land described and bind heirs, successors in title, and assigns of the parties.
  16. Define how disputes under the agreement will be resolved, referencing the need for arbitration and the process for selecting an arbitrator.
  17. Finally, have all parties involved sign the agreement in the presence of a notary public on the provided signature lines at the end of the document. The acknowledgment format will vary based on state requirements.

This completed agreement is a crucial step in ensuring a clear understanding and responsibility between parties sharing a well for their water supply. Proper execution and adherence to the terms agreed upon will help prevent conflicts and ensure a smooth operation and maintenance of the shared water resource.

More About Shared Well Agreement

What is a Shared Well Agreement?

A Shared Well Agreement is a legal document that outlines the responsibilities and obligations of two or more property owners who share a single water well for domestic use. This agreement covers usage rights, cost-sharing for maintenance and repairs, and other essential aspects to ensure a fair and efficient sharing of the well.

Why do I need a Shared Well Agreement?

Having a Shared Well Agreement in place helps prevent disputes between neighbors over water usage, maintenance responsibilities, and costs. It provides clarity on each party's rights and obligations, ensuring the continued supply of safe and adequate water for domestic consumption without misunderstandings.

What are the key elements of this Shared Well Agreement?

The agreement includes terms on water usage rights, operation and maintenance cost-sharing, repair responsibilities, payment schedules, easement rights for accessing and maintaining the well, restrictions on water usage, procedures for addressing water quality issues, and conditions under which the agreement may be terminated or modified.

How are costs divided under this Agreement?

Costs for electricity, repairs, maintenance, and necessary replacements related to the well and water distribution system are shared equally between the supplying and supplied parties unless specified differently. The agreement outlines how these costs will be calculated, paid, and what happens if payments are not made on time.

What happens if the well water becomes unsafe to drink?

If the water from the shared well is determined to be unsafe for human consumption, or if it becomes inadequate to meet the users' needs, the rights and obligations under the agreement will cease. The agreement outlines the steps that will be taken to resolve such issues, including potentially terminating the agreement and disconnecting from the well system.

Can the agreement be terminated?

Yes, participants can terminate their involvement in the Shared Well Agreement under certain conditions. This involves executing a written statement of termination, which must be filed with the relevant local authorities. Upon termination, the party must disconnect their connection to the well and will no longer have rights to use the well or be responsible for its costs.

What defines an emergency situation under this Agreement?

An emergency is defined as any situation where the shared well system fails to deliver water upon demand. The agreement gives each party the right to act promptly to correct such emergencies, including accessing the necessary parcels of land to make urgent repairs.

Is the Shared Well Agreement binding for future owners?

Yes, the agreement is perpetual and includes covenants that run with the land. This means that the rights and obligations outlined in the agreement are binding on present and future owners, their heirs, successors in title, and assigns, ensuring the arrangement continues to govern the shared use of the well beyond the tenure of the original parties.

Common mistakes

One common mistake people make when filling out a Shared Well Agreement form is inaccurately identifying the parties involved. It is crucial to provide complete names and addresses for both the supplying and supplied parties. This information distinguishes the parties within the agreement, ensuring clear communication and legal responsibility.

Another error occurs in the description of the properties involved, specifically "Parcel 1" and "Parcel 2". The agreement requires a detailed legal description of the properties, but individuals frequently provide insufficient details. Providing an accurate legal description is essential for identifying the exact land that the well services, thereby preventing disputes about property rights and responsibilities.

Many individuals fail to specify the terms for the annual fee and the specific sharing of expenses related to the well and water distribution system’s operation and maintenance. Leaving out these financial details or being vague can lead to confusion and conflict over payments and responsibilities among the parties.

Forgetting to outline the process for emergency situations is another mistake. The agreement mentions that both parties have the right to act in an emergency, but failing to agree on what constitutes an emergency and the procedures for handling one can complicate matters when quick action is necessary.

Omitting the details for the easements necessary for the well's construction, maintenance, and operation is a critical error. The agreement calls for a description of these easements, but if they are not clearly delineated, it can lead to disagreements over access to the properties involved.

A significant number of people neglect to address the protocol for changing or terminating the agreement, especially the conditions under which the agreement can end. This oversight can make it difficult to navigate changes in property ownership or the parties’ desire to no longer use the shared well.

Another often overlooked aspect is the clause regarding the well's capacity and quality checks. People might skip the requirement to affirm that the water source has passed a quality analysis and is deemed safe for consumption. This step is vital for health and safety standards.

People frequently fail to document the agreement to not allow water from the shared well to be used for filling swimming pools or for use by persons other than household guests. This specific provision helps manage the well’s capacity and ensures it remains a reliable source for domestic use.

Lastly, a mistake often made is not properly executing the agreement through witness signatures and acknowledgment before a notary public. This legal formalization is crucial for the agreement's enforceability and validity. Without proper execution, the agreement may not hold up in legal disputes or be recognized by local authorities.

Documents used along the form

When parties enter into a Shared Well Agreement, it's often just one component of a broader arrangement or understanding concerning the management and use of shared resources or properties. To ensure clarity, fairness, and legal compliance, several other forms and documents may accompany or follow the execution of a Shared Well Agreement. Understanding these additional documents can help all parties involved maintain a cooperative and transparent relationship regarding their shared water source.

  • Property Deed: This document proves ownership of the property. It may need to be reviewed or updated to reflect the easement rights granted or obligations assumed under the Shared Well Agreement.
  • Easement Agreement: If the well or access to the well crosses another property, an easement agreement grants the necessary rights to use that land for specific purposes, such as laying pipes or electrical lines to support the shared well.
  • Well Maintenance Contract: This outlines responsibilities and schedules for regular maintenance, inspections, and repairs of the shared well and water distribution system, ensuring its long-term viability and safety.
  • Water Quality Testing Reports: Regular testing of the well water for contaminants and general quality is vital for safety. These reports document the water's safety over time and can inform necessary treatment or maintenance.
  • Utility Agreement for Shared Expenses: Beyond the initial agreement, this outlines how ongoing expenses (such as electricity for pumping water, maintenance, repairs) are shared, calculated, and paid between the parties involved.
  • Amendment Form: Circumstances change, and with them, the details of shared agreements may also need to change. An amendment form provides a structured way to make mutually agreed-upon changes to the original agreement.

Together, these documents form a comprehensive legal framework that governs the shared use and maintenance of a well. They not only protect the rights and responsibilities of each party but also ensure that the well remains a safe and reliable water source for all users. In drafting and managing these documents, parties often benefit from consulting with legal professionals to ensure that all paperwork is in order, complies with local laws and regulations, and accurately reflects the agreed-upon terms. This multi-document approach fosters a stronger, more cooperative relationship between the parties and contributes to the peaceful enjoyment and use of shared assets like wells.

Similar forms

A property easement agreement is similar to a shared well agreement, as both involve granting rights over one's property for specific purposes. In a property easement, one party allows another to use a portion of their land for a particular purpose, much like shared well agreements permit the use of a well and water distribution system. Both documents require clear definitions of rights, responsibilities, and conditions under which the agreement operates, including maintenance and costs.

A joint driveway agreement closely resembles a shared well agreement because it involves neighbors agreeing on the use and maintenance of a shared property feature. In this case, the feature is a driveway rather than a water well. Both documents outline the responsibilities of each party for upkeep, delineate how costs are shared, and may include terms for dispute resolution, ensuring that all parties uphold their end of the bargain.

Similarly, a boundary line agreement parallels a shared well agreement. When property owners disagree on the precise boundary between their properties, they may enter a boundary line agreement to settle the matter. Like shared well agreements, these documents clearly articulate the responsibilities and rights of each party involved and are legally binding to prevent future disputes. Both aim to clarify property rights and ensure mutual benefit and responsibility.

The homeowners association (HOA) agreement shares similarities with shared well agreements among individuals within a community or subdivision. The HOA agreement among property owners outlines various community standards, including maintenance of communal property and shared resources, which might include water systems for areas not serviced by municipal utilities. Both types of agreements require participants to adhere to specific rules and contribute to maintenance costs.

A water rights agreement is akin to a shared well agreement when it comes to allocating and defining the rights to water access and usage among multiple parties. Both documents specify how water resources are shared, outline the parameters for usage, and establish agreements on the distribution of costs associated with maintaining a sustainable water supply, ensuring equitable access for all parties involved.

A tenancy in common agreement is related in that it involves multiple parties co-owning a property, similar to how a shared well agreement involves multiple parties sharing rights to a water well. The agreement sets forth each co-owner's rights, including how expenses (like maintenance or improvements) are shared, mirroring the cost-sharing aspects of well maintenance in shared well agreements.

An agricultural lease agreement can reflect principles similar to those found in a shared well agreement, especially when it includes provisions for water usage on leased farming land. Such agreements must specify how water resources, possibly including a shared well, are to be utilized and maintained by the lessee, highlighting the importance of clear terms for shared resources and responsibilities.

A solar easement agreement also shares commonalities with a shared well agreement through its focus on sharing access to a natural resource; in this case, sunlight for solar panels instead of water. This agreement between property owners ensures that one party receives unobstructed access to sunlight across another's property, requiring clear stipulations on rights and maintenance, much like agreements for shared well usage.

The right of first refusal agreement typically concerns the sale of property or shares, granting someone the first opportunity to purchase before the offer is extended to others. While not directly related to shared resources like a well, it parallels the concept of predefined rights between parties outlined in shared well agreements, ensuring certain privileges are upheld before external parties can be considered.

Last, an access easement agreement is comparable to a shared well agreement in that it provides one party access across another's land for a specific purpose, such as reaching a public road or utility. Although the resource shared isn't water, the principles of granting use rights, defining maintenance responsibilities, and ensuring the easement's terms are respected closely mirror the dynamics of sharing a well.

Dos and Don'ts

When engaging with a Shared Well Agreement form, it is crucial to approach the task with diligence and awareness. The following list outlines several dos and don'ts that should be considered:

  • Do carefully read the entire agreement before filling in any information. Understanding the entirety of the document is essential for ensuring all terms and conditions are clear.
  • Do verify the accuracy of all property descriptions. This includes the legal description of the property, which is a precise way of identifying real estate that may be unfamiliar but is crucial for the agreement's validity.
  • Do ensure that all participating parties review and agree upon the terms detailed in the agreement. It's important for all parties involved to have a mutual understanding and agreement to the stipulated conditions.
  • Do clearly document all financial obligations, such as the annual fee for the use of the well and water distribution system and the proportionate share of expenses for maintenance and repairs. Transparency regarding financial responsibilities prevents misunderstandings.
  • Do confirm the mechanism for dispute resolution outlined in the agreement. Understanding the process for resolving any disputes that arise is crucial for maintaining a harmonious relationship between parties.
  • Don't leave any sections blank. If a section does not apply, it is advisable to mark it as "N/A" to indicate its inapplicability, ensuring that all parts of the document have been addressed.
  • Don't forget to specify the details of the easements granted for the construction of the well, maintenance of water pipes, and other components critical for the agreement's execution. Clear definitions of easements prevent potential conflicts related to property access.
  • Don't neglect the significance of binding arbitration as outlined in the agreement. If disputes arise, having a predetermined path to resolution can save time, money, and stress for all parties involved.
  • Don't sign the agreement without all parties’ consent and a thorough review. It’s essential that everyone involved understands their rights and responsibilities to prevent future legal complications.

Treating the Shared Well Agreement with the seriousness it deserves ensures that all parties benefit equitably and responsibilities are clearly outlined. By following these guidelines, you can navigate the complexities of shared water resources more effectively.

Misconceptions

When navigating the complexities of a Shared Well Agreement, several misconceptions can arise. Understanding these misconceptions is crucial for all parties involved in such an agreement to ensure their rights and obligations are clear and protected.

  • Misconception 1: A Shared Well Agreement is not legally binding. In reality, once signed by all parties, this agreement is a legally binding contract that outlines the rights and obligations of each party regarding the use, maintenance, and costs associated with a shared well.
  • Misconception 2: Only current property owners are affected by the Shared Well Agreement. The agreement not only applies to the current owners but also binds future owners of the property, heirs, successors, and assigns, ensuring long-term adherence to the stipulated terms.
  • Misconception 3: A Shared Well Agreement automatically allows unlimited water use. The agreement typically specifies the use of water for domestic consumption only and may exclude activities like filling swimming pools, thereby limiting the scope of water use.
  • Misconception 4: Shared Well Agreements cover all water-related expenses. While the agreement outlines the sharing of costs for operation, maintenance, and necessary repairs, it may require separate arrangements for expenses like electricity for pumping water.
  • Misconception 5: Verbal agreements are sufficient for sharing well costs. For the protection of all parties, the agreement insists that all terms, including cost-sharing arrangements, be documented in writing to prevent misunderstandings and ensure enforceability.
  • Misconception 6: The supplying party has the final say in all decisions. In fact, consent from all parties is needed before embarking on significant expenditures for system maintenance, replacement, or improvement, except in emergencies, promoting fair consensus.
  • Misconception 7: Individual parties can make changes to the water distribution system as they see fit. The agreement grants easements for the construction and maintenance of the water system but also restricts unauthorized alterations, ensuring the system remains effective and accessible.
  • Misconception 8: The agreement is indefinite and cannot be terminated. The agreement does provide mechanisms for termination, allowing parties to legally discontinue their participation under specified conditions, which involves filing a written statement of termination at a designated office.

By clarifying these misconceptions, parties can better understand their rights and responsibilities under a Shared Well Agreement, fostering a cooperative relationship that ensures a sustainable and fair use of shared water resources.

Key takeaways

When drafting or entering a Shared Well Agreement, there are several key aspects to focus on to ensure everything goes smoothly for all parties involved. Here are some significant takeaways:

  • Clearly identify both parties: Ensure that the supplying and the supplied parties are unambiguously defined, including complete addresses. This clarity is crucial for any legal document.
  • Provide detailed descriptions of the properties involved: The agreement should include a comprehensive description of the properties that will be utilizing the shared well, often referred to as “Parcel 1” and “Parcel 2”. This might include legal descriptions which can be found on property deeds.
  • Outline the rights and obligations of each party: The agreement must detail what each party is responsible for, such as maintenance costs, operation expenses, and any annual fees. It's essential for preventing conflicts down the line.
  • Specify the terms of water usage: It's important to state explicitly what the water from the shared well can and cannot be used for, such as domestic use only and any restrictions, like filling swimming pools.
  • Address maintenance and repairs: The agreement should clearly outline how repair costs are shared, how maintenance is scheduled, and who is responsible for what. This section helps avoid disputes regarding financial responsibilities.
  • Emergency procedures and easements: Ensure the agreement includes procedures for dealing with emergencies, access rights for maintenance and repairs, and descriptions of any easements granted for the well and water system infrastructure.
  • Termination conditions and long-term considerations: Detail how the agreement can be terminated, what happens if a new water source becomes available, and the perpetual nature of the agreement, including how it binds future property owners.

Remember, a Shared Well Agreement is not just a formality; it's a crucial document that ensures the equitable and efficient sharing of water resources between property owners. Both parties should review the agreement carefully, possibly with legal assistance, to ensure their rights are protected and obligations are clearly understood.

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