What are questions I need to ask about "water rights" when looking for property in New Mexico?

Cynthia Horstman
Other/Just Looking
Fremont, MI

Answers (4)
Jared Hammond
Agent
Harbor Springs, MI

You may also want to look into whether or not a reservation owns the water rights to your property.

Fri Nov 7 2008, 21:28
Emily Medvec
Agent
Santa Fe, NM

Here is a direct link to the state's water rights division - http://www.ose.state.nm.us/water_info_water_rights.html. What is important to understand about New Mexico is that water is a property right and is not owned by the government. It can be severed and sold separately. I would recommend working with a full time buyer broker with knowledge about both water and water rights. The bottom line is to make sure whatever you purchase does have water, whether it be city or community or private well or shared well and that you understand the details of the agreements in place if the well is private or shared. New Mexicans value their water and do not take it for granted. It is a valuable resource and an important one in real estate transactions. It is important to understand "water right" is not the same as water. If you need assistance, do not hesitate to give me a call. Good luck. Emily Medvec

Fri Nov 7 2008, 08:25
Gary Smith
Real Estate Pro
Michigan

Cynthia,

This website might help http://www.ose.state.nm.us/

Or,

You could choose to move in Michigan, we have 11,000 lakes.

Hope you get some correct responses.

Web Reference: http://mi-living.com
Fri Nov 7 2008, 06:48
Maureen Francis,...
Broker
Birmingham, MI
FIRST ANSWER

Cynthia, I would repost this question in New Mexico. You are more likely to get helpful responses there.

Fri Nov 7 2008, 06:03

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