Subscribe to Answers
This hasn't been an issue in our market.
Tony and Suzanne Marri...
Michael Jacobs nailed this one!
In our area, water rights are big. If you have a farm, or need to irrigate a large area, the value tied in with water rights can determine whether or not you can use the property as intended.
Any sign of navigable water on the property and you can expect some issues with the DNR.
Eric Nicholaus Properties that don't have water access or building lots that may not perc.
In my market none.
we have no bodies of water in our area....
Waterfront properties. We don't have many of these.
Not an issue in Chicago. May be an ssue out West with rural properties!
Chapter 8, Water rights
That depends on where you live
I have not sold any such homes.
Follow the regulations and procedures in your area.
Eric Nicholaus - I guess, water body should be nearby or on the property for this to happen.
Properties in the dry Western States.
depends on thier location
Water rights aren't specific to one type of property. In my area irrigation water is big and it can apply to an in town home as well as one outside of town.
None that I've ever listed or sold!
Not an issue for us.
Not an issue in my market but others have some good answers for you!
Most any property on water in Virginia has what are known as riparian rights. On Amelia Island Florida, ocean front properties have a lot of set back laws.
I would love to assist your Eric Nicholaus however Pennsylvania does not have water right issues to deal with. Contact Utah broker or your instructor.
Haven't a clue... have never once dealt with this issue in 25 years.
This is too vague of a question. All properties need water rights in some form, or they can't be financed... and have little value except, perhaps, as a camping site.