The recent webinar titled "Real Estate & Water Rights: Navigating Permits & Transfers in New Mexico" brought together participants to discuss the important connection between water rights and real estate. The event was organized in partnership with the New Mexico Association of REALTORS®, the Office of the State Engineer, and the New Mexico Environment Department.
During the session, experts provided insights into several key areas including New Mexico’s distinctive water rights framework, essential steps in the permitting process, and how these rights can influence property value and land use. Strategies were also shared for REALTORS® to assist clients in navigating water rights issues effectively.
As demands on water resources continue to rise in New Mexico, understanding these regulations becomes increasingly crucial for conducting responsible real estate transactions.
The organizers expressed their commitment to further educating New Mexico REALTORS® through additional sessions aimed at promoting sustainable water management practices across the state.