A well is an excavation or hole dug, bored or drilled into the earth for the purpose of obtaining water from subterranean sources. Subject to legislative restrictions, a landowner may sink a well on the landowner's premises for the purpose of extracting water, and use or sell the water. Rights in such wells may be controlled by contract or deed.
The following form is an agreement for sale of a commercial water well (as opposed to one used for a residence).
Travis Texas Agreement for Sale of Commercial Water Well is a legally binding contract that outlines the terms and conditions between the seller and the buyer for the sale and transfer of a commercial water well located in Travis County, Texas. This agreement is specifically designed for commercial water well transactions and ensures that both parties are protected and their interests are safeguarded. Keywords: Travis Texas, Agreement for Sale, Commercial Water Well, contract, terms and conditions, seller, buyer, transfer, Travis County, Texas, commercial water well transactions, protected, interests, safeguarded. There are different types of Travis Texas Agreement for Sale of Commercial Water Well, depending on specific factors related to the sale. Some common variations include: 1. Agreement for Sale of Operational Commercial Water Well: This type of agreement is used when the commercial water well is actively operating and includes provisions regarding the transfer of ownership, assets, equipment, permits, licenses, and any ongoing contracts or agreements associated with the well's operation. 2. Agreement for Sale of Non-operational Commercial Water Well: This agreement is used when the commercial water well is not currently in operation but has the potential for future use. It includes provisions regarding inspection, evaluation, and any necessary repairs or upgrades required to put the well back into operation. 3. Agreement for Sale of Commercial Water Well with Land: This type of agreement involves the sale of a commercial water well together with the land on which it is located. It includes provisions regarding the transfer of ownership for both the well and the land, as well as any easements, rights of way, or other legal considerations related to the property. 4. Agreement for Sale of Commercial Water Well Leasehold: This agreement is used when the commercial water well is held under a leasehold agreement. It outlines the terms and conditions for the transfer of the leasehold interest, including any consent or approval required from the original lessor or landlord. Regardless of the specific type, a Travis Texas Agreement for Sale of Commercial Water Well is crucial for ensuring a smooth and legally sound transaction. It covers key aspects such as purchase price, payment terms, representations and warranties, disclosure of information, closing procedures, and any additional provisions specific to the transaction. Both the seller and buyer should seek legal advice before entering into this agreement to ensure their rights and obligations are adequately addressed.Travis Texas Agreement for Sale of Commercial Water Well is a legally binding contract that outlines the terms and conditions between the seller and the buyer for the sale and transfer of a commercial water well located in Travis County, Texas. This agreement is specifically designed for commercial water well transactions and ensures that both parties are protected and their interests are safeguarded. Keywords: Travis Texas, Agreement for Sale, Commercial Water Well, contract, terms and conditions, seller, buyer, transfer, Travis County, Texas, commercial water well transactions, protected, interests, safeguarded. There are different types of Travis Texas Agreement for Sale of Commercial Water Well, depending on specific factors related to the sale. Some common variations include: 1. Agreement for Sale of Operational Commercial Water Well: This type of agreement is used when the commercial water well is actively operating and includes provisions regarding the transfer of ownership, assets, equipment, permits, licenses, and any ongoing contracts or agreements associated with the well's operation. 2. Agreement for Sale of Non-operational Commercial Water Well: This agreement is used when the commercial water well is not currently in operation but has the potential for future use. It includes provisions regarding inspection, evaluation, and any necessary repairs or upgrades required to put the well back into operation. 3. Agreement for Sale of Commercial Water Well with Land: This type of agreement involves the sale of a commercial water well together with the land on which it is located. It includes provisions regarding the transfer of ownership for both the well and the land, as well as any easements, rights of way, or other legal considerations related to the property. 4. Agreement for Sale of Commercial Water Well Leasehold: This agreement is used when the commercial water well is held under a leasehold agreement. It outlines the terms and conditions for the transfer of the leasehold interest, including any consent or approval required from the original lessor or landlord. Regardless of the specific type, a Travis Texas Agreement for Sale of Commercial Water Well is crucial for ensuring a smooth and legally sound transaction. It covers key aspects such as purchase price, payment terms, representations and warranties, disclosure of information, closing procedures, and any additional provisions specific to the transaction. Both the seller and buyer should seek legal advice before entering into this agreement to ensure their rights and obligations are adequately addressed.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
