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All Forum Posts by: Jeremy Summers

Jeremy Summers has started 1 posts and replied 3 times.

Originally posted by @Bill B.:

Split between who? Certainly not the other property manager. Imagine you were him. “Hey, I’m thinking fo buying your neighbor’s property and I’m going to test and shock it, you should pay for half of it because I don’t want to pay for all of it.”pretty sure you would tell the buyer to get lost. 

I assume the testing is being required by your lender, don’t know why the shocking would be required by your lender but if you plan on renting it out you certainly don’t want to get sued over a safety violation. 

Ps. The reason you are paying for testing in a well you don’t own si the same reason you are paying for an inspection of the hvac, roof, foundation, and the rest of the property you don’t own. 

What should be included in the well agreement if they don't have one? Should I include that the get the well inspected yearly?

My problem isn't the inspection its the shocking. I will pay to inspect but why pay to service it yet?

The way I see is like replacing the roof while inspecting it to make sure it passes the inspection. On a roof that isn't mine yet.

I am undercontract and buying a home with a shared water well.
We have to perform an inspection on the well and shock the well.

But why would I pay to do this if I don't even own the home yet? 

Should this be split up?

I will be paying for a service on a well that isn't mine and that has a shared ownership?

Do I really have to get the well inspected if I don't own itm Can't I just have the water tested and not have to shock it? 

Any help would be appreciated?