Abstract: This article is part one of a two-part article on the appraisal of water rights. This article identifies various aspects of the water rights that may be the subject of an appraisal; part two, which will appear in the Spring 2008 issue of the The Appraisal Journal, will discuss the actual appraisal process. The rules and regulations that exist in California provide the background for the presentation, and many of the principles presented have general applicability. However, there is variability among states, and appraisers with assignments involving water rights should be knowledgeable about the rules of the state in which the water rights exist.
by Steven J. Herzog, MAI, Review Appraiser, U.S. Department of the Interior, Appraisal Services Directorate; Portland, Oregon. Email: Steven_Hetzoge@bim.gov
The Appraisal Journal via The Appraisal Institute www.appraisalinstitute.org
Volume 76, Issue 1; Winter, 2008; pages 39-47
http://www.appraisalinstitute.org/taj/Default.aspx
http://envirovaluation.org/htsrv/trackback.php/5544
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