2: Intro to buying and selling water rights with Jamie Morin

Water rights attorney Jamie Morin with Confluence Law, based in Washington state, gives us an intro to buying and selling water rights and buying and selling property with water rights, including key considerations, from explicitly retaining your water rights before a property sale to relinquishment concerns and more. This is one you don't want to miss.

[3:03] - What is a water right?
[5:19] - Who owns the actual water?
[6:13] - Limits and attributes of a water right
[7:30] - How do I know if I have a water right?
[7:55] - Different forms of water rights
[8:15] - How does someone know if they need a water right?
[9:01] - Is the state still issuing water rights?
[10:47] - Selling a water right (the transaction)
[12:21] - Reserving water rights before selling property
[13:54] - Who is buying water rights?
[17:00] - Buying a water right and making a change to a water right
[24:20] - Buying property with water rights - what to be aware of
[32:38] - Emerging activities in Washington

Please note, water rights are complex and nothing in this episode is meant to be considered legal advice.  To get the support that you need, visit westernwatermarket.com to search and work with a water right professional in your state.

RESOURCES:

Work with Jamie Morin:
https://www.confluencelaw.com/

Washington Water Rights Map Search:
https://ecology.wa.gov/Regulations-Permits/Guidance-technical-assistance/Water-rights-search

Washington State Trust Water Rights Program:
https://ecology.wa.gov/Water-Shorelines/Water-supply/Water-rights/Trust-water-rights

Water right buyers on Western Water Market:
https://app.westernwatermarket.com/?category=water-right-buyers

Work with a water right professional in your state:
https://app.westernwatermarket.com/?category=water-right-professionals

SUBSCRIBE (and never miss a market update):
https://westernwatermarket.com/subscribe

LET'S CONNECT:

Contact Jamie Morin:
https://www.confluencelaw.com/

Contact Kristina:
https://westernwatermarket.com/contact

Kristina on LinkedIn:
www.linkedin.com/in/kristina-ribellia

Western Water Market on LinkedIn:
https://www.linkedin.com/company/western-water-market

Western Water Market on Facebook:
https://www.facebook.com/westernwatermarket

Western Water Market on YouTube:
https://www.youtube.com/channel/UCGru9sk3gqoAqtCci2F3A_A