Sharing (a well) is Caring!

Sharing (a well) is Caring!

In many rural areas, it is common to find one or more homeowners
sharing a single well system. Modern wells allow access to groundwater,
supplying water to more than 13 million households nationwide. When
installed and maintained properly, wells can provide safe, affordable
water for many years. If you are interested in buying a property with a
shared well, there are some things you need to ask, consider, and make
sure of before settling. See our tips below:

Make it Easy for Everyone!

Get a Shared Well Agreement if one is not already in place. If you are a potential shareholder, you will want to have the current agreement updated. This agreement is essential in order to protect your access to the water supply of a shared well and to spell out the costs and responsibilities involved in maintaining the system. Many states and real estate transactions require a shared well agreement as part of the approval process.