Section 98 Agreement Water: All You Need to Know

If you`re purchasing a property or a piece of land, you may come across the term `Section 98 Agreement Water.` In this article, we will explain everything you need to know about Section 98 Agreement Water, its purpose, and how it affects you as a property buyer.

What is Section 98 Agreement Water?

Section 98 Agreement Water is an agreement between the water company and the property owner about the sewerage and water drainage on a property. This Agreement is essentially a legal document that confirms the responsibility of both the property owner and the water company for the water and wastewater system.

Why is Section 98 Agreement Water important?

The purpose of the Section 98 Agreement Water is mainly to ensure that the water company is aware of the sewerage and water drainage on a property. This way, they can ensure that they can effectively manage the system. The Agreement also determines who is responsible for the maintenance, repair, and replacement costs of the water system.

When is a Section 98 Agreement Water required?

A Section 98 Agreement Water is a requirement for any new property that is being built or when a property is being modified. It is also necessary if a property is connected to the public sewer or a shared septic tank. If a property owner fails to get a Section 98 Agreement Water, it could lead to significant legal issues and even fines.

How does Section 98 Agreement Water affect you as a property buyer?

As a property buyer, it`s essential to ensure that there is a Section 98 Agreement Water in place before you purchase a property. This way, you can understand what is included in the Agreement and what is not. It will also help you to determine who is responsible for any maintenance or repair costs in the future.

If there is no Section 98 Agreement Water in place, you may need to pay for any repair or replacement work needed on the water system. This can be a costly expense that you may not be prepared for, especially if it is a shared water or wastewater system.

Conclusion

In conclusion, Section 98 Agreement Water is an essential legal document that both property owners and water companies must have in place to manage water and wastewater systems effectively. If you`re a property buyer, it`s crucial to make sure there is a Section 98 Agreement Water in place and that you understand its terms and conditions. It will help you avoid unexpected expenses related to the water and wastewater systems in the future.