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2,224,067
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

In my rural area, it can be a VERY BIG deal. We often sell properties with irrigation water and those rights need to be researched by the buyer. 

Dec 15, 2016 05:00 PM
Ambassador
3,001,561
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I suggest you check with your local real estate professor ... all real estate is local. 

Dec 15, 2016 10:57 AM
Ambassador
5,213,048
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

I drink water, and if you stop by I will share.

Dec 15, 2016 08:07 PM
Rainmaker
1,361,818
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Just with answering this question.  Real non-existant in suburbia.

Dec 15, 2016 07:02 PM
Ambassador
3,722,232
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

None whatsoever

Dec 15, 2016 05:39 PM
Ambassador
1,616,204
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

not much at this time

Dec 15, 2016 05:16 PM
Rainmaker
6,368,524
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

We do not have those issues in our area.

Dec 15, 2016 04:09 PM
Rainmaker
3,837,420
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Lucky, do not have them in the city.

 

Dec 15, 2016 03:22 PM
Ambassador
3,986,518
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

This has never been a concern nor have I had any dealings with water rights in my area.

Dec 15, 2016 02:48 PM
Ambassador
4,312,167
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Oakly Rogers - fortunately for me - nothing of that sort, yet!

Dec 15, 2016 02:42 PM
Ambassador
2,545,974
Fred Griffin Tallahassee Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Florida is governed by riparian rights. 

Dec 15, 2016 02:28 PM
Rainmaker
1,673,265
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

This isn't something agents get "involved" in, per se.  But, the lender will want to be certain there is a year around supply of potable water to any property being financed.  "Water rights and shares" are more of an issue in rural, agricultural, and waterfront areas.  

Dec 15, 2016 02:20 PM
Rainmaker
3,985,771
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I would think your Professor would know this as he has had dozens ask this one.

Dec 15, 2016 01:42 PM
Rainmaker
3,873,001
Richard Weeks
Dallas, TX
REALTOR®, Broker

In the city of Dallas none.

Dec 15, 2016 01:18 PM
Ambassador
4,493,306
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I have no involvement in my area

Dec 15, 2016 11:21 AM
Rainmaker
3,957,763
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

My involvement is very small.  We do have some areas in my market where there are shares in the water company and it is handled in the escrow process -- primarily a paperwork transfer.   

Dec 15, 2016 11:02 AM
Rainmaker
5,570,665
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I have no involvement with that in my area.... 

Dec 15, 2016 10:55 AM
Rainmaker
4,799,356
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Never had to deal with this.

Dec 18, 2016 05:10 PM
Rainmaker
4,735,692
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

We don't see much of this in the City.

Dec 17, 2016 12:16 PM
Rainmaker
1,624,172
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Chapter 7: Property Rights

Dec 16, 2016 06:02 AM
Rainmaker
4,433,483
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

none

Dec 16, 2016 04:52 AM
Rainmaker
3,297,332
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

We do not have those issues here in NH.

Dec 16, 2016 04:43 AM
Rainmaker
2,058,990
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

In Maine plenty of water so not at all.

Dec 16, 2016 04:16 AM
Rainmaker
3,069,684
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Nada

Dec 16, 2016 04:14 AM
Rainmaker
3,907,328
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I am answering this question at least for the 30th time now--NONE!

Dec 16, 2016 04:06 AM
Ambassador
4,091,130
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

This is a state & locally-specific question - check with your instructor.

Dec 15, 2016 07:00 PM
Rainmaker
4,135,519
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

All real estate is local better check with your area.

Dec 15, 2016 04:45 PM
Rainmaker
1,157,435
FN LN
Toronto, ON

It would depend on the specific transaction and location of the property.

Dec 15, 2016 12:34 PM
Rainmaker
4,020,524
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Not an issue in the states I practice in. Check your local laws and ordinances! 

Dec 15, 2016 12:28 PM
Rainmaker
563,329
Maria Sapio
Keller Williams of Central PA - Carlisle, PA
Real Estate Agent- Carlisle, PA. Mariasapio.com

No involvement

Dec 15, 2016 11:58 AM
Rainmaker
869,141
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

In coastal Florida the issue is riparian rights and the coatal control line.

As Mark Twain wrote, "Whiskey is for drinking over and water is for fighting over." As a real estate professional, you need to stay out of the fray by referring to those with authority on the subject matter.

Dec 15, 2016 11:44 AM
Ambassador
3,641,559
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

That is worth 2 new required forms to our real estate transaction when selling land....

Dec 15, 2016 11:36 AM
Rainmaker
527,060
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

If your seller has water rights, these all need to be disclosed.  If there is a potential the seller could lose his/her water rights, this needs to be disclosed. If you represent a buyer who needs water rights, you need to find a property which has these.

Dec 15, 2016 11:00 AM