A water right can be a key element associated with many Montana properties. It grants the owner the legal right to take a certain amount of water from a specific source, for a prescribed use across a defined section of land. Some water rights have persisted for more than a century, surviving generations of change.
A water right doesn’t simply exist forever though. The owner of a water right can lose it if they’re not careful – creating a potentially unfavorable scenario for a property owner.