Oct 7, 2010

Facts To Consider About Water Rights

By Adam Ciboch

Buying land involves knowing the availability of utilities. Water rights and or authorization to install a well do not automatically come with the purchase of land, and in addition, it may not be drinkable. Be informed about the costs of running electricity and phone services on the property specifically if it turns out that you will have to install them by yourself. A septic system could be enormously expensive to install and to prevent this, learn about the condition of the sewer that runs through the land.

Obtaining information about local zoning regulations is essential before the purchase of any property. City, country and state authorities will take some time to contact, but your hard work in the shape of knowledge achieved will be repaid in full. The property may be subject to both permissions and restrictions. Land surveys are a giant aid to the buyer as a means of determining property lines and land rights.

Water rights are extremely coveted and Nevada and Arizona are two of the best locations in the nation to own them. This is because of the fact that these two states have the largest population growth rates in the country as well as the highest rates of new real estate development. In some regions, water rights possession can differ depending on the use of the water on the ground or under the property.

In the state of Texas, for example, there is a judgment known as the "right of capture." In other words, the owner of the land is also allowed to dig and "capture" groundwater. If a permit is issued, surface water, even though it is the property of the state of Texas, can be used. According to Max Kiehne of Centerfire real estate in Los Lunas, New Mexico, the state itself sets forth all water rights. Landowners that do not have to pay for water, do have to pay for the price of pumping or delivery by means of any ditch system or dam.

In accordance to Jerry Brown of Brown Realty, in Rayville, Louisiana, in his home state, the landowner controls both underground and surface rights to the water except if the surface is a public waterway. Thanks to the fact that regulations change from one region to another, research is essential in order for the potential propertyowner to grasp the magnitude of property and water rights. - 42255

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