Environmental

Oklahoma buyers purchasing agricultural land should investigate water rights because:

AWater rights have no economic value
BWater rights can be more valuable than the land itself in some Oklahoma regions, and the right to irrigate, stock water, or access certain water sources may or may not transfer with the land✓ Correct
CWater rights always transfer with deed automatically
DOnly oil rights affect agricultural land value

Explanation

In Oklahoma's drier western regions, water rights for irrigation can be enormously valuable. Water rights may be separate from surface ownership, subject to prior appropriation priority, and may or may not be included in a land sale. Buyers must carefully investigate what water rights, if any, are conveyed.

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