Rhode Island Shared Well Agreement for Car
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FAQ
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.
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.
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.
Elements in a Shared Well Agreement o must be capable of providing at least three gallons per minute for existing wells and five gallons per minute for new construction over a continuous four-hour period.
The Pros of a Shared Well Additionally, the ability to share the cost of Well or Well Pump Repair Expenses and other related expenses such as water testing can be quite attractive. Also, in some cases, a property may need to undergo significant modification just to allow drilling of a new well.
There is the required maintenance and upgrades over time. At times of such change, clients become more vulnerable to cost increases and having to deal with individuals who were possibly not initially in the original agreement. Shared wells also have an expectation of access to water. Things can get complicated.
