Shared Well Agreement definition
Shared Well Agreement means a legally binding document that stipulates the manner in which a Shared Well is cooperatively used between or among all Homes or Businesses connected to the well; it is signed by all possessory interest representatives for all individual homes and businesses that are connected to a Shared Well.
Examples of Shared Well Agreement in a sentence
Shared Well Agreement Yes No The Water Provider for the Property can be contacted at: Name: Address: Web Site: Phone No.: There is neither a Well nor a Water Provider for the Property.
Below is a sample Shared Well Agreement, based on the U.S. Department of Housing and Urban Development (HUD) model, from the U.S. Department of Agriculture Rural Development website.
This Shared Well Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which shall constitute one and the same instrument.
Easements are granted on the Shared Well Agreement to allow for utilities and access to the well.
Shared Well Agreement is a contract regarding the drilling, maintenance, and use of a well.