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> that water is already owned

Yup. If you allow people to "own" rainwater that hasn't even fallen yet, you are going to need some batshit regulations. So don't do that then.

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Water rights have long been an issue in the mountain west, and are highly coveted. They go back to the settling of areas, and directly influence property values. Even well-depth is regulated for newer properties so as to prevent them from usurping water in use by existing residents.

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