Matthew McGuane Comments on Riparian Rights
Matthew McGuane, LKLSG Partner, is quoted in Bisnow discussing “riparian rights,” which are legal rights for anyone who owns property bounded by navigable rivers and streams. A property buyer would find out during a title search whether the adjacent submerged water is owned by anyone, McGuane said. But in this case, it wasn’t until the 1990s that the Palm Beach County property appraiser began recognizing and taxing the underwater parcels in question. Read more.