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14 June, 20:30

An association in a town shares a lake. Only the association's members are allowed to use the lake for fishing. Which property rights regime is the association enforcing?

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  1. 14 June, 20:50
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    Hi!

    The association is enforcing the Riparian Water Rights.

    The Riparian Water Rights allows the landowners to make reasonable use of a body of water which flows through their properties. These reasonable uses include fishing. If the water is non-navigable, the owners have the right of exclusive use of the body of water.

    When an association in a town shares a lake, and only the association's members are allowed to use the lake for fishing, the association is enforcing the Riparian Water Rights.
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