Thinking of buying property with a well or water rights in Colorado?
The Colorado Association of Realtors hosted a training session on the issues surrounding water rights. The video below includes a presentation from the Department of Water Resources that provides information you ought to know before buying property where you may want to use a source of water other than that supplied by a municipality (E.g.- water sources such as wells, streams, ditches, ponds, reservoirs, rain barrels, etc..). The video also gives you information on resources you can use to determine if any water rights that come with the property are permitted for your intended use. The video on wells and water rights is a little “dry” (no pun intended)- but it’s pretty important information to know before you buy…
The actual presentation by the Department on Water Resources starts at around minute 7:38, so unless you want to watch some advertisements that only a Real Estate Brokers would possibly care about, you might want to start watching at the 7:38 minute point in the video.
Click below to see the video and enjoy!
A-List Properties, Inc 