Average annual effective rent
The tenant’s total effective rent divided by the lease term.
Read MoreAuthority clause
Statement from both parties that each has the authority to execute the lease for the organizations they represent. It bars the party from later claiming the person that signed the lease had no authority to bind the organization to the terms of the lease.
Read MoreAttorney’s opinion
An attorney’s written statement setting forth what he or she believes to be the legal condition of a parcel’s title.
Read MoreAttainable Use
A beneficial use that, with improvement, a water body could support in the future.
Read MoreAssignment of contract
When one party (the “assignor”) assigns his or her rights under a contract to a third party (the “assignee”).
Read MoreAssignment and sublease
A lease provision allowing a tenant the flexibility to assign or sublease the rented space. The difference between an assignment and sublease is that the assignment conveys all of the rights, duties, and obligations of the original lease, and a sublease conveys an interest that is less than the total interest.
Read MoreArtesian well
An artesian well is a well that penetrates a confined aquifer. The water level in these wells rises above the upper surface of the aquifer due to the pressure in the confined aquifer. If the water pressure is great enough, the well will overflow.
Read MoreArea-Wide Optimization Program (AWOP)
An effort to improve performance of facilities that treat surface water to provide drinking water by optimizing technologies already in place. AWOP emphasizes particle removal and disinfection.
Read MoreAquitard
An underground, saturated zone of low permeable rock, sand, or gravel that separates aquifer zones and will not provide significant quantities of water to a well or spring.
Read MoreAquifer
Any body of porous saturated material, such as rock, sand, gravel, etc., capable of transmitting ground water and yielding economically significant quantities of water to wells and springs.
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