Nebraska's Ogallala Aquifer:
Correct Answer
B) Underlies much of western NE and provides groundwater for irrigation — critical to land value
The Ogallala Aquifer underlies much of western and central Nebraska. Access to this groundwater for irrigation dramatically increases agricultural land value. Aquifer levels and NRD allocations are material facts in farmland transactions.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
Real property is immovable land and anything permanently attached to it, while personal property (also called chattels) is movable.
Tenancy by the entirety is a form of co-ownership available only to married couples that includes the right of survivorship and protection from individual creditors. Neither spouse can unilaterally sell or encumber the property.
Tenancy in common is a form of co-ownership in which two or more persons hold separate, undivided interests in property without the right of survivorship. Each owner can hold unequal shares and can independently transfer their interest.
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