Agreement for Mutual Right-of-Way

 

THIS AGREEMENT dated as of Effective Date of Agreement (ie. July 1, 2007) between Name of First Party, of Address of First Party (the "First Party") Name of Second Party, of Address of Second Party and (the "Second Party").

WHEREAS:

 

(A)              The First Party is the registered owner of the property municipally known as Municipal Address of First Party's Property and legally described as Legal Description of First Party's Property (the "First Party's Property");

 

(B)              The Second Party is the registered owner of the property municipally known as Municipal Address of Second Party's Property and legally described as Legal Description of Second Party's Property (the "Second Party's Property");

 

(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:

 

1.                  The First Party hereby grants to the Second Party a right-of-way for the use of the owners and occupants of the Second Party's Property, in common with the owners and occupants of the First Party's Property, over the  measurement of right-of-way (ie. 6 feet) of the  measurement of right-of-way (ie. 30 feet) of the First Party's Property.

 

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 Party's Property, in common with the owners and occupants of the Second Party's Property, over the  measurement of right-of-way (ie. 6 feet) of the  measurement of right-of-way (ie. 30 feet) of the Second Party's Property.

 

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 enure to the benefit of and be binding upon the respective heirs, executors, administrators and assigns of each of the parties hereto.

 

 

IN WITNESS WHEREOF this Agreement has been executed by the parties hereto as of the date first above written.

 

 

 

 

 

Witness

 

Name of First Party

 

 

 

 

 

Witness

 

Name of Second Party



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