Water Well On Neighbors Property With Right Of Survivorship

• Category: Water - Shared Well
• State: Multi-State
• Control #: US-00589BG
• Format: Word; Rich Text

Description

The Shared Well Water Agreement serves as a legally binding document between property owners where a water well exists on one party's land, providing access to water for both parcels involved. This form outlines essential features such as shared costs for maintenance, the right of both parties to draw water for domestic use, and stipulations regarding expenses such as electricity and repairs. It emphasizes the continuous and satisfactory operation of the water distribution system for the benefit of current and future occupants and their heirs. Specific provisions included are annual fees for usage, rights to emergency access, and easement descriptions necessary for maintenance. Moreover, the Agreement can terminate upon contamination of the well or availability of an alternative water source. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who may need a structured approach to manage water rights, ownership transitions, or disputes between properties sharing water resources. It streamlines the negotiation and documentation process, ensuring that both parties understand their rights and responsibilities regarding water usage and distribution.