Environmental
A New Mexico buyer of ranch land should investigate water rights because:
AWater rights are always included with land ownership
BWater rights may have been severed from the land and sold separately, leaving the land without water access✓ Correct
CThe NMREC requires water rights disclosure on all properties
DWater rights automatically transfer with the deed
Explanation
Water rights in New Mexico can be severed from land ownership and sold independently. A buyer of ranch or agricultural land must independently verify water rights because they do not automatically transfer with the land.
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