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Video instructions and help with filling out and completing Shared well configuration
Instructions and Help about Shared well configuration
This month I've got a transaction that involves a shared well and my client is selling a property that gets water from a well on the lot next door the neighbor next door in spite of the fact that there's a recorded easement allowing my owner to get water from this well decided mid transaction that they're not sure that they want to prthis water anymore so this well he's meant written back in 1963 came under a whole bunch of a scrutiny from different attorneys and everybody's got agents and relatives who are weighing in on it as it turns out the well easement does hold water get it sorry that was a joke and the transaction is supposed to close tomorrow anyway it was a big huge mess and the moral of the story is if you ever purchase a property with a shared well or a shared road or anything shared you'll want to make sure to read whatever easement language is recorded because over time different people tend to start thinking that it isn't applicable or maybe they want to change the rules second topic next year appears to be or mostly experts are saying that it's going to be another probably 10% ish appreciation in real estate in King and Snohomish County that's in spite of the fact that we've had seven years of really robust growth there is no sign that that's going to change anytime soon.