Well Agreement Template For Single Member Llc

State:
Multi-State
Control #:
US-00589BG
Format:
Word; 
Rich Text
Instant download

Description

The Well Agreement Template for Single Member LLC is designed for property owners who share a well water system, outlining the rights and obligations of each party involved. Key features of the template include stipulations for the drawing of water, cost-sharing for maintenance, and mandatory payment schedules for water usage. It highlights the responsibilities regarding repairs and emergency access to the well, as well as procedures for termination of the agreement in case of contamination or the availability of alternative water sources. Filling and editing instructions suggest entering property addresses, payment amounts, and personal signatures, ensuring all parties understand their commitments. This template is particularly valuable for attorneys, partners, owners, associates, paralegals, and legal assistants who need a legally binding document to manage shared water rights. It helps clarify complex relationships and ensures equitable sharing of responsibilities, thus facilitating smoother operations and preventing conflicts among users of the well.
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How to fill out Shared Well Water Agreement?

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For your POA to be valid in West Virginia, it must meet certain requirements. Mental Capacity for Creating a POA. ... Notarization Requirement. ... Create the POA Using a Statutory Form, Software, or Attorney. ... Sign and Notarize the POA. ... Store the Original POA in a Safe Place. ... Give a Copy to Your Agent or Attorney-in-Fact.

A living will, medical power of attorney, or combined medical power of attorney and living will made pursuant to this article shall be: (1) In writing; (2) executed by the principal or by another person in the principal's presence at the principal's express direction if the principal is physically unable to do so; (3) ...

For the sole purpose of making health care decisions for the incapacitated person, the medical power of attorney representative or surrogate shall have the same right of access to the incapacitated person's medical information and the same right to discuss that information with the incapacitated person's health care ...

Also, there are set rules in place in West Virginia which police how a completed Power of Attorney must be signed and put into action. West Virginia law dictates in this case that: The Principal and Agent must both sign the document. The signing must be overseen by a notary public, who will also sign (§ 39B-1-105).

§39B-1-102. The term includes an original agent, coagent, successor agent and a person to which an agent's authority is delegated. (2) "Durable," with respect to a power of attorney means not terminated by the principal's incapacity.

Advance directives consist of (1) a living will and (2) a medical (healthcare) power of attorney. A living will describes your wishes regarding medical care. With a medical power of attorney you can appoint a person to make healthcare decisions for you in case you are unable to speak for yourself.

For your POA to be valid in West Virginia, it must meet certain requirements. Mental Capacity for Creating a POA. ... Notarization Requirement. ... Create the POA Using a Statutory Form, Software, or Attorney. ... Sign and Notarize the POA. ... Store the Original POA in a Safe Place. ... Give a Copy to Your Agent or Attorney-in-Fact.

As hard as it is, it's best to have a plan for someone to make big medical decisions if a person you care for becomes incapacitated. A ?durable power of attorney? is a document that can allow you or another to make those hard decisions.

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Well Agreement Template For Single Member Llc