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Real Estate Law for Ditch Companies |
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Thursday, 17 January 2008 |
Real Estate Law for Ditch Companies is a pre-convention workshop before the Colorado Water Congress Annual Convention in Denver on Jan. 23-25, 2008. Ditch and reservoir companies in Colorado are not only concerned with water law issues but many spend the majority of their efforts and time dealing with their portfolios of real estate assets. Many canal companies realize property rights can be extremely valuable. If properly managed, they can add greatly to the company’s financial health. The scope of real estate holdings and issues faced by canal companies may include: easements of ditches and reservoirs, carriage agreements, oil and gas royalties, reservoir holdings, and rights, responsibilities and liabilities of land owned under fee simple. Urban pressures facing ditch companies have created storm flow problems, the creation of trails along ditches and increased liability concerns. Topics:
- How can ditch and reservoir companies derive maximum value from their real estate holdings?
- What liabilities are associated with these holding and how can they be avoided or mitigated?
- The importance of business planning for ditch companies, including decision-making tools and strategies and examples of bad real estate decisions;.
- Easements, such as St. Jude’s case, crossings, relocations, including sample agreements;
- Storm water discharge;
- Reservoir recreational leases;
- Carriage agreements; and
- Negotiation tips and drafting agreements.
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