Bundle of Rights/Water Rights/Doctrine of Prior Appropriation
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Land
Littoral Rights
The right to access and use ponds, lakes, oceans, and other stationary bodies of water bordering the property.
Riparian Rights
The right to access and use rivers, streams, and other flowing bodies of water adjacent to the property.
Single Source, Multiple Rights
The rights to a water source are sometimes granted to more than one user. If the first permit holder doesn't need all of the water for its declared use, additional permits may be granted. In times of shortage or drought, the permit holders may be required to reduce their usage, with the first permit holder ensured of access to at least some water.
Beneficial Use
To secure water rights in prior appropriation states, the requested use must be considered beneficial to some household, agricultural, or household operation.
Percolating Water Rights
Water underground that is drawn by wells. Some local health codes may restrict the use of this.
Doctrine of Prior Appropriation
is a legal doctrine that grants water rights to the first individual or entity to take water from a source for beneficial use.
Are Littoral and Riparion rights part of the doctrine of prior appropriation
no
prior appropriation
water rights are unconnected to property ownership, and can be sold
Do water rights have value
yes
Can you sell the air rights of your property?
yes because others don't you to build taller than they permit so they buy your air rights