Owning waterfront land is not easy. Depending on the state you live in, the land that’s adjacent to a body of water normally carries with it certain rights relative to that body of water. Although water rights may vary according to federal, state and local law in specific situations and a buyer should always consult an attorney to be sure of what their water rights are.
There are a minimum of eight things to think about when buying waterfront property. They are, in no particular order, the following:
If you have a basic understanding of the issues involving water rights, your buyer will have clear understanding of what they are buying and you will avoid a post purchase regret call from a buyer. If you have additional questions concerning this issue, please feel free to contact one of the professionals at Dalton & Tomich, PLC.
If you have concerns about others using your property to access the water without your permission, our free guide to Easements, Access and Riparian rights may be a valuable resource.
Download the Free Guide NowIn 2015, Hope Rising Community Church experienced extreme opposition, the kind that would force it to close its doors and leave behind the families and youth it was so passionate about reaching. As the lead pastor I felt helpless, inferior and as if I had no […]
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