New Mexico Water Rights, Sales and Transfers
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Learn about the latest issues impacting New Mexico water rights.
Water rights in New Mexico are a real property right, but it is a usufructuary right that can be lost if water is not put to beneficial use. The Office of the State Engineer has a detailed process for approving new appropriations or establishing that historical water rights have been put to beneficial use. This topic will help people determine if they have valid water rights and the requirements that are needed to transfer water rights from one location to another. It will also identify factors which determine both the value and marketability of water rights. The information is important for entrepreneurs who need water rights and to those owners of water rights who do not want to lose their water rights due to non-use.
Jeffrey H. Albright, Lewis Roca Rothgerber Christie LLP
Self Study Credit - Audio & Reference Manual
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