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Draft VIRGIN VALLEY WATER DISTRICT LEASE OF IRRIGATION SHARES This Lease of Irrigation Shares (the Lease) is entered into as of the last date written below by and between the Virgin Valley Water District,

How to fill out lease of irrigation shares

How to fill out a lease of irrigation shares:

1. Gather all necessary information: Before filling out the lease, make sure you have all the required information handy. This may include details about the irrigation shares, such as the number of shares, their location, and any specific terms and conditions associated with them.
2. Identify the parties involved: The lease will require you to identify the parties involved. This includes the lessee (the person or entity leasing the shares) and the lessor (the person or entity who owns the shares). Ensure that the correct names and contact information of both parties are accurately recorded in the lease.
3. Specify the terms of the lease: The lease should clearly outline the terms and conditions of the agreement. This includes the duration of the lease, any payment obligations, and any restrictions or limitations on the use of the irrigation shares. Be thorough when specifying these terms to avoid any misunderstandings or disputes in the future.
4. Include any additional provisions: Depending on the specific situation, there may be additional provisions that need to be included in the lease. For example, if there are any maintenance responsibilities, liability waivers, or dispute resolution mechanisms, make sure to include them in the lease.
5. Seek legal advice, if necessary: If you are unsure about any aspect of the lease or want to ensure its legality and enforceability, it's advisable to seek legal advice. A lawyer specializing in property or contract law can review the lease and provide guidance to protect your interests.

Who needs a lease of irrigation shares?

1. Farmers: Farmers who rely on irrigation for their agricultural activities often need to lease irrigation shares to secure a reliable water source. Leasing shares can allow them to access sufficient water resources during dry seasons or when their own water supply is inadequate.
2. Landowners: Landowners who possess irrigation shares but are not actively engaged in farming may choose to lease their shares to generate income. Leasing the shares allows them to benefit from their water rights without the need for direct involvement in farming operations.
3. Cooperative organizations: Cooperative organizations that manage and distribute irrigation water among their members may need to have leases in place to ensure fair and equitable access to the shared water resources. These leases help regulate the distribution of water shares among the cooperative members during different periods of the year.

Overall, a lease of irrigation shares is required by those who need temporary access to irrigation water resources or by those who own irrigation shares but wish to lease them out for various purposes.

For pdfFiller’s FAQs

What is lease of irrigation shares?

Lease of irrigation shares is a legal agreement between a water rights holder and a third party allowing the third party to use a portion of the water rights for irrigation purposes.

Who is required to file lease of irrigation shares?

Any person or entity who is leasing their irrigation shares to another party is required to file the lease of irrigation shares.

How to fill out lease of irrigation shares?

To fill out a lease of irrigation shares, you will need to include detailed information about the parties involved, the terms of the lease, and the amount of water rights being leased.

What is the purpose of lease of irrigation shares?

The purpose of a lease of irrigation shares is to allow water rights holders to temporarily transfer their water rights to another party for irrigation purposes.

What information must be reported on lease of irrigation shares?

Information that must be reported on a lease of irrigation shares includes the names of the parties involved, the location of the water rights, the duration of the lease, and the amount of water rights being leased.

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