Investopedia

Continue to Site »

Water Rights

Filed Under »
Dictionary Says

Definition of 'Water Rights'

Water rights are one of the interests that may attach to real estate ownership, and pertain to the rights to use adjacent bodies of water. Riparian rights are awarded to land owners whose property is located along a river, stream or lake. Typically, landowners have the right to use the water as long as such use does not harm upstream or downstream neighbors. In the event the water is a non-navigable waterway, the landowner generally owns the land beneath the water to the exact center of the waterway.
Investopedia Says

Investopedia explains 'Water Rights'

Littoral rights pertain to landowners whose land border large, navigable lakes and oceans. Landowners with littoral rights have unrestricted access to the waters but own the land only to the median high-water mark.

After this point, the land is owned by the government. Water rights are appurtenant, meaning they are attached to the land and not to the owner. In other words, if a ocean front property is sold, the new owner gains the littoral rights; the seller relinquishes his or her rights.

Articles Of Interest

  1.

    An Introduction To Buying A Condominium

    This real estate investment provides unique advantages - and challenges.

  2. Top 8 House-Hunting Mistakes

    These common mistakes occur when you allow your emotions to take over.

  3. Tips For Renting A Vacation House

    Follow these nine steps to get a picture-perfect summer shack at a great price.

  4. Vacation Home Or Income-Producing Investment?

    There is an alternative to letting your cottage sit empty all year, but turning a profit won't be easy.

  5. 6 Things You Think Add Value To Your Home - But Really Don't

    Not everyone wants to spend their weekends shaping backyard topiaries. Even though you may enjoy the improvements you make to your house, it doesn't mean that they'll increase its value.

  6. Fox Business Network's Gerri Willis: 5 Tips For Maintaining Home Value In Any Economic Climate

    The housing market is one of the greatest indicators of economic stability or volatility.

  7. Home Loans For Disaster Recovery

    There are numerous government programs available for people who need financial help recovering from a household disaster.

  8. Are You Mature Enough To Buy A Home?

    Owning a home is a big responsibility. Here is a look of some basic things you will need to be able to accomplish if you plan on owning a home.

  9. 5 Ways To Make Your Home Remodels Pay Off

    Here are five ways to make your home renovation worth the money and effort you put into it.

  10. How To Decorate For Christmas Without Going Broke

    Here are some innovative ways you can have an affordable holiday.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.

  2. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.

  3. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.

  4. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.

  5. Happiness Economics

    The formal academic study of the relationship between individual satisfaction and economic issues, such as employment and wealth.

  6. Affluenza

    A social condition arising from the desire to be more wealthy, successful or to "keep up with the Joneses." Affluenza is symptomatic of a culture that holds up financial success as one of the highest achievements.
Trading Center
Array ( )
taggroups(for debug only):
Array ( [0] => Home & Auto [1] => What's New [2] => Home Ownership [3] => Home Ownership Family [4] => Health And Home [5] => Home Ownership Retirement [6] => Personal Finance )