PRIVATE WELL Sample Clauses

The PRIVATE WELL clause defines the responsibilities and conditions related to the use, maintenance, and testing of a private water well on a property. Typically, it outlines whether the seller or buyer is responsible for ensuring the well is in working order, may require water quality or flow tests, and can specify remedies if the well does not meet certain standards. This clause ensures that both parties are clear about the condition and suitability of the private well, thereby preventing disputes over water access or quality after the transaction.
PRIVATE WELL. Does the Property include a well that supplies or is intended to supply domestic water for household use? Yes No If the property contains a private well, the OREF 082 Private Well Addendum will be attached to this Sale Agreement.
PRIVATE WELL. SELLER ☐ DOES or ☒ DOES NOT KNOW OF A WELL ON OR SERVING THE PROPERTY. (If answer is DOES and well is located on the Property, see Well Disclosure Statement.) To the best of Seller’s knowledge, the Property ☐ IS or ☒ IS NOT in a Special Well Construction Area. THIS PURCHASE AGREEMENT ☐ IS or ☒ IS NOT SUBJECT TO AN ADDENDUM TO PURCHASE AGREEMENT: SUB-SURFACE SEWAGE TREATMENT SYSTEM AND WELL INSPECTION CONTINGENCY. (If answer is IS, see attached Addendum.) IF A WELL OR SUB-SURFACE SEWAGE TREATMENT SYSTEM EXISTS ON THE PROPERTY, BUYER HAS RECEIVED A DISCLOSURE STATEMENT: WELL AND/OR A DISCLOSURE STATEMENT: SUB-SURFACE SEWAGE TREATMENT SYSTEM.
PRIVATE WELL. SELLER DOES or DOES NOT KNOW OF A WELL ON OR SERVING THE PROPERTY. (If answer is DOES and well is located on the Property, see Well Disclosure Statement.) To the best of Seller’s knowledge, the Property IS or IS NOT in a Special Well Construction Area. THIS PURCHASE AGREEMENT IS or IS NOT SUBJECT TO AN ADDENDUM TO PURCHASE AGREEMENT: SUBSURFACE DRAFT: Non-Executable SEWAGE TREATMENT SYSTEM AND WELL INSPECTION CONTINGENCY. (If answer is IS, see attached Addendum.) DISCLOSURE STATEMENT: WELL AND/OR A DISCLOSURE STATEMENT: SUBSURFACE SEWAGE TREATMENT SYSTEM.

Related to PRIVATE WELL

  • Partnership Property All property, real, personal, tangible, intangible, or mixed, acquired by or contributed to the Partnership shall be owned by the Partnership and titled in its name and such property shall not be owned individually by any Partner. Each Partner acknowledges and agrees that the System and all elements thereof, are the exclusive property of the Company and are not Partnership property. Each Partner acknowledges and agrees that the Proprietary Marks are the exclusive property of the Company and are not Partnership property. Each Partner acknowledges and agrees that the Partnership shall not acquire or own any land or buildings. Any land or buildings used in the Partnership business shall be acquired and owned by the Company or an Affiliate of the Company and leased to the Partnership at reasonable rates and terms, and such land and buildings shall not be Partnership property.