Mutual ditch and reservoir company shares are private property and appear on deeds, tax bills, and title commitments.
A pro-rata claim on whatever water the ditch company delivers in a given year. Not a fixed acre-foot amount.
Call the ditch company directly. Confirm the share count on record, that assessments are current, and that physical delivery to the parcel's headgate is possible.
Unpaid assessments can lead to forfeiture of shares. Always request a current statement from the company before closing.
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