Right of Way Agreement

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  • 7/28/2019 Right of Way Agreement

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    Right of Way AgreementMutual

    This is a Right of Way Agreement between ______________ (First Party), of

    ____________________ relating to the property at _____________________ and listed in Exhibit 1

    and _____________________ (Second Party) of____________________ relating to property at

    _________________ and listed in Exhibit 2.

    WHEREAS:

    (A) The First Party is the registered owner of the property municipally known as

    __________________ and legally described in Exhibit 1;

    (B) The Second Party is the registered owner of the property municipally known as

    __________________________ and legally described in Exhibit 2;

    (C) The parties wish to establish and maintain a mutual right-of-way over their properties;

    NOW THEREFORE in consideration of the mutual covenants and conditions hereinafter set forth

    and for other good and valuable consideration, the receipt and sufficiency of which is hereby

    acknowledged, the parties agree as follows:

    I. The First Party hereby grants to the Second Party a right-of-way for the use of the owners andoccupants of the Second Partys Property, in common with the owners and occupants of the First

    Partys Property, over the First Partys Property as described more completely in Exhibit 3.

    2. The Second Party hereby grants to the First Party a right-of-way for the use of the owners and

    occupants of the First Partys Property, in common with the owners and occupants of the Second

    Partys Property, over the Second Partys Property as described more completely in Exhibit 4.

    3. The foregoing rights-of-way shall form a mutual right-of-way (the Mutual Right-of-Way) for

    pedestrians and vehicles over the respective properties.

    4. The parties agree to maintain the Mutual Right-of-Way in a good state of repair and to share

    equally all costs associated with the maintenance and repair thereof.

    5. This Agreement shall inure to the benefit of and be binding upon the respective heirs, executors,

    administrators and assigns of each of the parties hereto.6. This is the entire agreement between the parties. Any changes must be made in writing and

    signed by both parties. Any disputes must be brought in the state of ______________.

    IN WITNESS WHEREOF this Agreement has been executed by the parties hereto as of the date

    written below.

    ________________ __________________First Party Second Party

    ________________ __________________Witness Witness

    Date: