Contracts
Colorado's 'Water Rights' addendum to the Contract to Buy and Sell is used when:
AA property is near a flood zone
BA property includes water rights (ditch, well, or other water allocations) that need to be identified and transferred✓ Correct
CThe buyer is financing through a federal program
DA property has a private well only
Explanation
Colorado's Water Rights addendum is used when a property transaction includes water rights — such as ditch shares, decreed water rights, or other water allocations — that must be specifically identified and properly transferred along with the property.
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