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Shared Well question

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Thread Starter
Freshman Member
Oct 10, 2008
Professional Status
Appraiser Trainee
Subject property has a shared well. The well sits on different site. The valves to the well are located on each property (on the outside of dwelling), NOT on the well "as it leaves the well, is this satifactory or do the valves have to be on the immediate well ? I can't find the answer in the handbook and curious if anybody could help?m2: thank you!

Jerry Bone Jr

Senior Member
Feb 23, 2004
Professional Status
Licensed Appraiser
A requirement that specifies well valve location? Not that I've seen.

Mr Rex

Elite Member
Jan 12, 2004
Professional Status
Certified Residential Appraiser
North Carolina
9. How would shared well agreements be treated?
[FONT=Times New Roman,Times New Roman][FONT=Times New Roman,Times New Roman]Wells shared by up to four properties are acceptable provided that there is an acceptable legal agreement between the property owners, the quality of the water is found acceptable, there is sufficient capacity, and it is in accordance with local well codes. A shared well must have a shared well agreement and shall be binding upon signatory parties and their successors in title[/FONT][/FONT][FONT=Times New Roman,Times New Roman][FONT=Times New Roman,Times New Roman].
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