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<br />"'I,i <br />:~~,>".,' <br /> <br />.......,..'..'..... <br />, <br /> <br />., <br />_.}!i <br />14 . <br />" <br /> <br />r" <br />,31 <br />~.'I".'. <br />1,):" . <br />~- <br />~- <br /> <br />.......1.... <br />F.,: <br /> <br />......1..... <br />~\ <br /> <br /> <br />rl <br />,I <br />.1 <br />I <br />I <br />I <br /> <br /> <br />'.'1,... <br />. . <br /> <br /> <br />I <br />I <br />" <br />....1..... '. <br />,~ <br />~:- !: - <br /> <br />I; <br /> <br />JUL. 13.2001 12: 19?M <br /> <br />,EAVENwORTh & KARP <br /> <br />NJ. 992 <br /> <br />p 13 <br /> <br />B, Title Search <br /> <br />1, Title companies will not ensure water rights, <br /> <br />2. A thorough title search should be conducted to verify existence of the water <br />right and validity of the transfer. <br />· Attorneys are often engaged to provide a title opinion for this purpose, <br /> <br />C, Water Use <br /> <br />1. Current and historic use of the water right should be examined, <br /> <br />2. Water rights are subject to adverse possession, <br /> <br />3, Water rights way have been lost due to abandonment. <br /> <br />D. Notification of Change of Ownership <br /> <br />1. Notify the water court of conditional water right transfers. <br /> <br />2. Notify the Colorado Division of Water Resources of well ow:uership changes, <br /> <br />-10- <br />