Common use of PRIVATE WELL Clause in Contracts

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.