Colorado Water Class

What did I learn at the above class?
A couple of things that could save you loads of money, or make you some money.
#1. Adjudicate your well, even the low deliverability domestic use well. Why? To establish prior appropriate use. That can add value to any water claim. It may be worth it but it takes quite a while.

#2. Make sure any well on the property that is not in use has been properly abandoned. That means having the tubing and rods pulled plus cementing the hole closed, both at the production interval and the surface. Should you buy a property with a well that was not properly abandoned, you may have to stand the expense of doing it your self. SO , check with the state engineers office for all wells on the property and the abandonment reports.

#3. Make sure any easements to the well across adjacent properties are included in the title policy and are not simply a license to cross the land for acess to the well and its equipment.


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