Wednesday, February 10, 2010

2010 Legislature: Water Rights Deed Addendum

Representative Ben Ferry has introduced House Bill 314 (HB 314) entitled "Water Rights Addendums to Deeds." The bill would require a water rights addendum (i.e., a "deed rider") to be included with every deed that conveys land or water rights. The purpose of the bill is to ensure that it is clear to both buyer and seller whether water rights are included with the purchase of the property. The deed rider would help reduce the problems associated with appurtenance and unclear ownership of water rights.

Click here to read the full text of the bill.

(For an update on this bill, click here.)

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