In 1993, the Montana Department of Natural Resources and Conservation (DNRC) permitted developers to build large housing subdivisions without review of the adverse effect to senior water rights. Water-right holders and conservation groups sued the DNRC to overturn the rule. In this week’s post Nancy Zalutsky offers a new permitting proposal that might settle the various, competing interests.
There were more than two dozen water-related bills considered in the most recent Montana legislative session. Nancy and team have compiled a review of water-related bills that passed and failed, including some implications for important bills. Just click the link and download the PDF.
Water is a crucial component of land value, yet has historically been overlooked in the appraisal and lending processes. As a result, lenders face exposure to a reduction in the value of collateralized land in the event of a foreclosure. In this post, Nancy Zalutsky explores the role of water in traditional ag lending and outlines approaches to mitigate risks.
Why should you go through the trouble of researching, preserving, and protecting your water rights? For starters, because irrigated land can be worth 4 times as much per acre as dry crop land. Nancy Zalutsky dives into the importance of water to land value and the long term rewards of protecting water rights.
A great water right is one that has the most potential to provide water, as opposed to a water right that looks good on paper, but does not provide very much water. I have worked with Montana water rights for 20 years and in that time I have developed my own system for rating water […]
Don’t run for your shovel, shotgun or bulldozer when your ditch is dry. There are legal means to get the water running again. Montana law provides procedures to help you get your water. Nancy Zalutsky tells you how to determine who may have diverted your water and how to make them stop. Some methods work faster but they cost more and may not provide a permanent solution, while others will not give you water immediately but may resolve the problem for years to come.