How Do Shared Wells Work?

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Real Estate Agent with Value Added Service, 602-620-2699 SA5376460000

How do Shared Wells Work?   In Arizona that's a good question!  

 

The following may not represent the conditions of every Shared Well in Arizona and should be considered as a guideline in nature. 

 

A Shared Well is typically shared between adjacent homeowners who each use a portion of the water.  When a home is bought/sold that is using a shared well, the sale must be documented and disclosed to all parties. 

 

Disclosure in Arizona includes using the Arization Department of REALTORS® "Domestic Water Well/Water Use Addendum."  

 

The Well Addendum stipulates to the

 

Registration of the well;

If there is a Shared Well Agreement;

Disclosure of tests, elements, hazardous material 

If the well production documented, water pressure issues, defects or repairs in the equipment; and  

If water is used other than for domestic purposes.

 

A buyer of a home with a shared well should also receive a copy of a Shared Well Agreement and the seller should disclose who is managing the Shared Well.

 

A shared well agreement will list the percentage of water to be used as per alloted portion of land for the agreement.

 

Water wells are registered in Arizona to document their existence and ownership. 

 

Easements are granted on the Shared Well Agreement to allow for utilities and access to the well. 

 

The form will also list which lots have access to the well.  Maps are common to reflect where the well sits and the water lines thereof.  

 

An electrical connection is required to operate the well and the expense is shared among the homeowners of the lots mentioned in the Shared Well Agreement. 

 

It's typical for one owner to be the "manager" of the well and to receive payment from the others for repairs and electricity and is typically the first owner within the specific lots for that well.  

 

Each owner is to install their own water lines to the well when constructing their homes.  

 

When a home is sold that includes a shared well, a fee may be due to the well manager for the operating account for the well. 

 

For specific questions about wells in Arizona, contact the Arizona Department of Water Resources.  

 

If you're interested in buying or selling a home in Arizona, give me a ring!

 

 

 

 

 

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Rainmaker
5,383,270
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is good information to share with prospective home buyers.

Jun 28, 2017 03:08 AM #1
Rainmaker
3,982,614
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I know of places with shared wells and that is one thing I would not want

Jun 28, 2017 03:14 AM #2
Rainmaker
1,543,305
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Jan Green Excellent information and many would avoid these sorts of properties, but they are in existence here in Florida and the same advice is valid here.

Jun 28, 2017 04:17 AM #3
Rainmaker
4,797,361
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Jan.  This is something I've never had to deal with in my little portion of Florida.  Fascinating information, thanks.

Jun 28, 2017 04:26 AM #4
Rainmaker
1,920,830
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good Morning Jan - that is certainly news to me.  If there is one the parties should be well informed.

Jun 28, 2017 04:41 AM #5
Rainmaker
978,722
Jan Green
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

Thank you Roy Kelley !  I'm selling a home to someone now with one.  Interesting stuff! 

They do have a negative conotation William Feela . 

They are very common here in Scottsdale and surrounding areas on acre + lots Sandy Padula and Norm Padula, JD, GRI NMLS#1483386 .  

I bet not in your area Gabe Sanders ! 

Definitely.  The forms we have spell everything out and the title company gets the forms executed for us   Grant Schneider .

Thank you for commenting! 

Jun 28, 2017 05:33 PM #6
Rainmaker
3,247,813
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Jan

Interesting and informative post on shared wells. 

Good luck and success.

Lou Ludwig

Jun 28, 2017 07:01 PM #7
Rainmaker
978,722
Jan Green
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

Thank you Lou Ludwig !  To you as well:)

Jul 03, 2017 02:55 PM #8
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Rainmaker
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Jan Green

HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN
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