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The Shared Well Agreement form is a vital document for property owners who wish to collaboratively utilize a single well for water supply. This agreement outlines the responsibilities and rights of both the supplying party and the supplied party, ensuring that each party understands their obligations regarding water usage and maintenance of the well system. It details the locations of the properties involved, known as Parcel 1 and Parcel 2, and establishes the terms under which water will be drawn from the well located on Parcel 1. The agreement emphasizes the need for a fair distribution of costs associated with the operation and upkeep of the water distribution system, including an annual fee and shared expenses for repairs. Additionally, it sets forth conditions regarding emergency access, easements for maintenance, and the process for terminating participation in the agreement should the well become contaminated or if an alternative water source is found. By clearly defining these terms, the Shared Well Agreement aims to foster cooperation between parties while safeguarding their rights and ensuring a reliable water supply for domestic use.

Similar forms

The Shared Well Agreement form serves a specific purpose in outlining the rights and responsibilities of parties sharing a well system. However, it bears similarities to several other documents that establish agreements or arrangements among parties regarding shared resources or responsibilities. Below are five such documents, each with a brief explanation of how they relate to the Shared Well Agreement:

  • Joint Use Agreement: This document outlines the terms under which multiple parties can share and use a particular resource, such as land or facilities. Like the Shared Well Agreement, it specifies the rights of each party and their obligations, ensuring that all parties understand how to manage and maintain the shared resource.
  • Water Supply Agreement: This agreement details the terms under which one party supplies water to another, including pricing, quality standards, and maintenance responsibilities. Similar to the Shared Well Agreement, it emphasizes the importance of clear communication about costs and maintenance to ensure a reliable water supply.
  • Asylum Application Agreement: This document outlines the terms and conditions under which an individual applies for asylum in the United States, similar to how the Shared Well Agreement delineates shared rights and responsibilities. For more information on the asylum process, visit TopTemplates.info.
  • Easement Agreement: An easement agreement grants one party the right to use a portion of another party's property for a specific purpose, such as accessing a well. This document parallels the Shared Well Agreement in that it defines the rights of access and use, ensuring that all parties understand their rights concerning the shared well and any necessary easements.
  • Maintenance Agreement: This type of agreement outlines the responsibilities of parties regarding the upkeep of shared property or resources. Much like the Shared Well Agreement, it specifies how costs and responsibilities for maintenance are divided among the parties, promoting cooperation and preventing disputes.
  • Co-Ownership Agreement: A co-ownership agreement is used when two or more parties jointly own property or assets. This document is similar to the Shared Well Agreement as it delineates each party's rights, responsibilities, and obligations, particularly in terms of use and financial contributions related to the shared asset.

Guidelines on Writing Shared Well Agreement

Filling out the Shared Well Agreement form is an important step for parties looking to share water resources responsibly. Completing this form ensures that all parties understand their rights and obligations regarding the well and water distribution system. Below are the steps to guide you through the process of filling out the form.

  1. Begin by entering the date at the top of the form, in the space provided for "____day of __________."
  2. In the first blank line, write the name of the supplying party.
  3. Next, fill in the supplying party's full street address, city, county, state, and zip code in the designated area.
  4. On the next line, write the name of the supplied party.
  5. Fill in the supplied party's full street address, city, county, state, and zip code in the space provided.
  6. Identify the property owned by the supplying party by writing its street address, city, county, state, and zip code in the next blank line.
  7. Provide the legal description of Parcel 1 in the designated area.
  8. Next, identify the property owned by the supplied party by writing its street address, city, county, state, and zip code.
  9. Provide the legal description of Parcel 2 in the designated area.
  10. In the section regarding the well system, confirm that the supplying party owns the well and its distribution system.
  11. Fill in the annual fee amount that the supplied party will pay to the supplying party, as well as the amount due for the current year.
  12. Document any shared expenses for the operation and maintenance of the well and water distribution system.
  13. Specify the responsibilities for removing or replacing site improvements necessary for system operation.
  14. Agree on the proportionate share of energy costs for the pumping equipment, detailing how these costs will be determined.
  15. Fill in the date by which energy costs must be paid each month and the number of days after which service may be terminated for non-payment.
  16. Describe any easements necessary for the construction and maintenance of the well and water distribution system.
  17. Indicate that no landscaping or improvements may impair the use of the easements.
  18. Clarify the rights of each party to address emergency situations, such as system failures.
  19. State that only the parcels described in the agreement may receive water from the well.
  20. Detail the conditions under which the agreement may terminate, including contamination or the availability of another water source.
  21. Specify the process for terminating participation in the agreement, including filing a written statement.
  22. Indicate that the agreement is perpetual unless otherwise limited.
  23. Confirm that the benefits and burdens of the agreement will bind future owners and occupants.
  24. Finally, include a clause for resolving disputes through binding arbitration and provide space for signatures and notary acknowledgment.

Form Data

Fact Name Description
Purpose The Shared Well Agreement outlines the rights and responsibilities of two parties sharing a well for water supply. It ensures both parties have access to water for domestic use.
Annual Fee The supplied party must pay an annual fee to the supplying party for using the well and water distribution system. This fee is due by January 15 each year.
Maintenance Costs Both parties share the costs of maintenance and operation of the well system. These costs are typically divided equally between the supplying and supplied parties.
Easements The agreement grants easements to both parties for necessary access and maintenance of the well and water distribution system. This ensures proper functioning of the water supply.
Termination Conditions The agreement can be terminated if the well becomes contaminated or if another water source becomes available. A written termination statement must be filed with the county.
Governing Law This agreement is subject to the laws of the state in which the properties are located. Specific state requirements may vary, so it is important to consult local regulations.