WATER RIGHTS MAINTENANCE
Water rights are created by past beneficial use or permit. Many
states use a regulatory permitting process to keep track of your water rights. As
the largest dealer in water rights in the State of New Mexico and as a company that deals
in water and water rights worldwide, WaterBank®
can tell you that the record keeping of regulatory agencies commonly leaves
a lot to be desired. It is commonplace for regulatory agencies to
lose paperwork and provide
incomplete
information to the public. We fight this battle on a daily basis on behalf of our
clients.
To ensure that your water rights are well protected, it is necessary that
your file be in perfect condition. WaterBank® offers a Water Rights Maintenance service.
We make sure your files
are in perfect order, that papers have not been lost, and
that your filings with regulatory agencies are up to date.
For existing clients WaterBank®
has:
1. Filed quitclaim
deeds with county recorders
2. Prepared corrected quitclaim deeds where errors were
found on originals
3. Prepared and filed changes of ownership forms
4. Filed Proofs of Well Completions
5. Filed Extensions of Time
6. Filed Proofs of Beneficial Use
7. Applied for Licenses
8. Conducted title searches and prepared chains of title
to verify water rights ownership
9. Filed suit in district court to reform deeds where
water rights were not intended to be sold
10. Prepared Releases of Water Rights from mortgage companies and
holders of real-estate
contracts
11. Prepared Affidavits of Identity
For regulatory agencies, we will carry out in-house audits of practices
and procedures and provide written suggestions for consistency and improvement. We
will also carry out training sessions.
If you are a water-rights owner, please consider using our services.
As the shortage of water increases, there will be attacks on the validity of your
water rights. Sleep well at night by having WaterBank® maintain your water rights files. Our
fees are quite moderate for this service.

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