August 23, 2023
Water Rights Due Diligence – Is There “Legal” and “Physical” Water Available on the Property You Want to Buy?
When purchasing a parcel of land—whether a primary residence, vacation home, industrial complex, or working ranch—the existence or non-existence of water rights, and the characteristics and elements of any such water rights, are a critical consideration. The water supply can be different from the property’s water rights. There is generally a period of time in any real estate contract during which you can review and understand water rights on the property. The involved water rights inform many determinations, including: … Read More
Written by Michael W. Daugherty