Special offer

Spam prevention
Rainmaker
2,224,473
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
3,345,091
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

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

Dec 15, 2016 10:57 AM
Ambassador
6,393,609
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - 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
1,502,998
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
3,727,873
Patricia Kennedy
RLAH@Properties - Washington, DC
Home in the Capital

None whatsoever

Dec 15, 2016 05:39 PM
Rainmaker
1,617,916
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

not much at this time

Dec 15, 2016 05:16 PM
Rainmaker
7,836,164
Roy Kelley
Retired - Gaithersburg, MD

We do not have those issues in our area.

Dec 15, 2016 04:09 PM
Rainmaker
4,936,705
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
Rainmaker
3,988,007
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
Rainmaker
4,319,419
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
2,684,109
Fred Griffin Florida 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
Ambassador
2,178,603
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

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
3,986,258
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
4,882,355
Richard Weeks
Dallas, TX
REALTOR®, Broker

In the city of Dallas none.

Dec 15, 2016 01:18 PM
Ambassador
5,049,450
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
4,572,183
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 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
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily 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
4,800,082
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
5,868,554
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
1,725,996
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Chapter 7: Property Rights

Dec 16, 2016 06:02 AM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

none

Dec 16, 2016 04:52 AM
Rainmaker
3,416,038
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
2,241,053
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
3,071,489
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
5,104,931
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
5,230,113
Debe Maxwell, CRS
Savvy + Company (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
5,005,659
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
1,157,785
FN LN
Toronto, ON

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

Dec 15, 2016 12:34 PM
Rainmaker
5,216,409
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
564,494
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
921,504
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
Rainmaker
4,272,548
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
711,852
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