Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago on . Most recent reply

User Stats

8
Posts
1
Votes
Kevin Freeman
  • Investor
  • Port Huron, MI
1
Votes |
8
Posts

Well Agreement Question

Kevin Freeman
  • Investor
  • Port Huron, MI
Posted

BP Friends,

I purchased a home from a former landlord back in 2014 in Suffolk, VA. She lived in the property next to mine. Both properties were owned by her parents. The home I purchased has the well that feeds both properties. We had a verbal understanding but no legal written well agreement. Fast forward to this year. Her property went into foreclosure (I was renting my property and was living out of state at the time). I reached out to the listing agent and told them that I owned the well that fed the property.

I was contacted by an agent in September about the well and was asked to enter into a well agreement.  I declined the initial offer and counter-offered.  The initial offer was 2 years to use my well to give the new owners time to drill their own.  My counter was three months.  I did not hear back from the agent.   Long story short, the new owners closed on the house late last month (October) and are currently renovating.  I contacted the new owners and they said that they are having a well put in "this week".  I haven't seen anyone digging a well.

How should I proceed?  Was the sale legal with out an agreement?  I am not comfortable with being responsible for providing water to a property I do not own.  Any insight would be appreciated!

Be at peace, my friends!

Kevin

Most Popular Reply

User Stats

3,467
Posts
3,417
Votes
Tom Gimer
  • DMV
3,417
Votes |
3,467
Posts
Tom Gimer
  • DMV
Replied

You've been sharing groundwater with a neighbor for years. Neighbor unfortunately has to move. You don't want to continue sharing groundwater. New neighbor says "Oh, OK, I'll dig a new well."

Of course the sale was legal. 

You won't need to be providing any more water soon.

  • Tom Gimer
business profile image
Eastern Title & Settlement
4.9 stars
12 Reviews

Loading replies...