Purchasing Land (with Water Rights)

The value of water has risen in the U.S. especially in areas where droughts have become more prevalent. Though water rights can be transferred between entities, there are restrictions, limitations, and federal approval required. Read this article regarding a lawsuit against the U.S. Bureau of Reclamation for its approval of a $21 million water sale contract between a private property owner selling water rights to a Phoenix suburban town.

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Related Content

• Water Rights Law for Real Property Owners
  Review this practice note discussing key considerations for analyzing water rights associated with real estate, including water use limitation under state, regional, and local rules and regulations.

• Water Rights Law Resource Kit (Real Estate Owners) (National and Select States)
  Access this resource kit for a collection of Practical Guidance resources regarding water rights in a real estate ownership context, including resource kits, practice notes, state law surveys, checklists, and templates.

• Water Rights and Uses Checklist
  Use this water rights and uses checklist for an overview of preliminary steps for purchasers and developers to take when considering purchasing or developing property with water on, under, or adjacent to the land.

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