Alaska Shared Well Water Agreement
Description
How to fill out Shared Well Water Agreement?
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FAQ
The definition of a Shared Well is a water well that provides water for home or irrigation use to two to several homes. In most cases, a shared water well that provides water to more than four homes would be categorized as a community well.
One way to go would be to tee of the existing well to a second pump (if you have an above ground pump) and pressure tank. The pressure tank would be at the second house but the new additional pump would be at the well.
Even a 1 GPM well can supply 3 homes if you have enough storage tanks. A 10 GPM well can supply 2 homes with very little pressure tank storage. See how much the well will make in GPM on a 24 hour basis and you will know what you need. Size of pump and depth of well, and do a well and pump test.
It's important to have a solid agreement in place between all parties in order to guarantee conflict-free operation and outline legal responsibilities for each member household. With cooperation and shared responsibilities, owning a home with a shared well can be beneficial.
A shared well agreement is a legal document that is used to create an agreement between two or more property owners who share access to a common well. This agreement outlines the rights and responsibilities of each party involved in the shared well.
By definition, a shared well is a well that services more than one home whether its for residential or irrigation purposes. They can service up to two or more homes, and if there were more than four, then it would be classified as a community well.
Because shared wells serve two to four households, the rate of wear they experience will be much greater, resulting in the need for more frequent repairs and maintenance. Homeowners who share the benefits of the well should also share in the cost to fix it, maintain it, or replace it.
As long as the well has adequate water to service both properties and there is written agreement guaranteeing the water, then my experience is that it does not impact marketablity or value.
