What is a submerged land lease?

By Steve Conley

Short Answer

A submerged land lease is required from the state for docks and other structures built on sovereign submerged lands. These leases involve annual fees and compliance with state regulations. Not all waterfront properties have this lease in place.

Steve's Advice

Steve Conley

Principal, Conley Sales Group at COMPASS

If your dock extends beyond your property line into state waters, you may need a Sovereign Submerged Lands Lease from the state. These leases have annual fees and specific requirements. I check for these during every waterfront due diligence.

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