Basic Shared Well Agreement

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If you`re considering purchasing a property that has a shared well, it`s important to have a basic shared well agreement in place to ensure that all parties involved are aware of their rights and responsibilities regarding the well`s use and maintenance. Here are some key points to include in a basic shared well agreement.

Ownership and Usage

The shared well agreement should clarify who owns the well and what the allowed usage is. It`s important to define who has the right to use the well, how much water can be drawn from the well, and how often it can be used. This will ensure that all parties involved have a clear understanding of their rights and responsibilities when it comes to using the shared well.

Maintenance and Repairs

Proper maintenance and repairs are essential to keep a shared well functioning properly. The shared well agreement should outline a plan for regular maintenance and repairs, including who will be responsible for paying for them and how often they will be performed. Additionally, the agreement should include provisions for how emergency repairs will be handled, including who will be responsible for paying for them and how quickly they will be completed.

Water Quality

Ensuring the quality of the water from the shared well is important for the health and safety of everyone involved. The shared well agreement should include provisions for regular testing of the water quality and how any issues with water quality will be addressed. This will ensure that all parties have access to clean and safe water.

Dispute Resolution

Lastly, the shared well agreement should have provisions for dispute resolution. This can include the use of mediation or arbitration to resolve any disagreements that may arise concerning the shared well. This will ensure that all parties involved have a fair and equitable resolution process in place in the event of any disputes.

In conclusion, a basic shared well agreement is important in ensuring that all parties involved in a property with a shared well have a clear understanding of their rights and responsibilities. By including provisions for ownership and usage, maintenance and repairs, water quality, and dispute resolution, a basic shared well agreement can help prevent disagreements and ensure that everyone has access to clean and safe water.

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