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\n<\/p><\/div>"}, http://www.twdb.texas.gov/publications/reports/infosheets/doc/WaterRightsMarketingBrochure.pdf, http://www.watercolorado.com/water_rights-buying_water.shtml, http://corporate.findlaw.com/business-operations/water-rights-law-prior-appropriation.html, http://www.waterrights.utah.gov/wrinfo/faq.asp, http://waterrights.utah.gov/wrinfo/forms/fees.asp, http://www.watercolorado.com/water_rights2.shtml, Please consider supporting our work with a contribution to wikiHow. Learn the top 5 signs someone is lying to you. If someone does contest your application, you must appear before a judge, who will make the final determination on whether your application should be approved. Consider that water - lots of water - is needed to manufacture modern consumer staples like chocolate and wine. It also takes 2,061 gallons of water to make one pound of chocolate. She received her JD from Indiana University Maurer School of Law in 2006. Landowners in Georgia are deemed to have certain rights to water. Landowners with littoral rights have unrestricted access to the waters but own the land only to the median high-water mark. An experienced water rights attorney can protect you throughout the transaction. With the exception of water-related ETFs, water investing strategies tend to be complex and are highly regulated. She received her JD from Indiana University Maurer School of Law in 2006. Please consider supporting our work with a contribution to wikiHow. Your application typically will include the type of water rights, location where you intend to divert the water, name of the source, dates you intend to use the water, how you intend to divert the water, the rate at which the water will be appropriated, and what you intend to use it for. The courts have established that water is an aspect of private property that is subject to its own form of protection. Jennifer reviews, fact-checks, and evaluates wikiHow's legal content to ensure thoroughness and accuracy. We offer in-house water and mineral experts that can help analyze these natural resources and are … That's certainly the case with water, one of the world's most precious resources. Water rights can be extremely complex, and require a lot of time and work. If your application for water rights is approved, you are free to purchase your water rights. Public water is commonly provided by a governmental entity or water company. A good water rights attorney also will know how to search the records for prior claims with priority, and assess your chances that your application will be approved. Investing in water can be a lucrative move, but risk is involved in the form of legal, regulatory and demand issues. Yet only 0.76% of all water is fresh water. 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