Topic: Mineral Rights and Royalties
Answers to Common Questions
What are Mineral Rights?
When real estate is sold, sometimes the seller keeps the mineral rights. This gives them the right to drill for oil and gas. It gives them the right to put that oil well right in front of your house! Read More »
Source: http://answers.ask.com/Business/Real_Estate/what_are_mineral_righ...
How to Research Property Mineral Rights?
One can research a properties mineral rights at the courthouse of the county in which the property exists. It is important to know that owning property does not mean you own the mineral rights. They can be sold as a separate entity to a com... Read More »
Source: http://answers.ask.com/Consumer_Electronics/Portable_Audio_Player...
How to Purchase Mineral Rights
When purchasing a plot of land or a house on a plot of land, the buyer must look at exactly what rights go with that land, Those may be only "surface rights" --meaning the buyer acquires control of the land surface but may not be able to dr... Read More »
Source: http://www.ehow.com/how_7235026_purchase-mineral-rights.html?ref=...
Answers to Other Common Questions
If you have oil and gas deposits underneath your property, these deposits may be worth far more than the value of the surface. It is possible to sell or lease the rights to these deposits while retaining the right to use the surface. Most o... Read More »
Source: http://www.ehow.com/how_6353391_lease-mineral-rights_-oil-gas.htm...
Until relatively recently the idea of separating mineral rights from surface property rights was not commonplace except in certain areas of the country, especially in coal-producing areas. Today things have changed. Today many properties ar... Read More »
Source: http://www.ehow.com/how_5180599_mineral-rights.html
Retaining ownership in the mineral rights to your home can be as easy as providing notice of it in the sales contract. The challenge is finding buyers who will be OK with sharing property ownership. The discount offered for such a right mig... Read More »
Source: http://www.ehow.com/how_5207259_retain-mineral-rights.html
Oil wells may dot the landscape, or a deep hole may develop from the excavation of copper, but determining who actually owns the oil, copper or any other mineral that may exist under the surface can be confusing. Often the ownership is not ... Read More »
Source: http://www.ehow.com/how_6147646_mineral-rights.html?ref=Track2&ut...
Ownership of land conveys a variety of rights. If land is owned in what is called "fee simple," the owner controls not just the surface, with all its buildings and natural features, but also the air above and the minerals below. All the var... Read More »
Source: http://www.ehow.com/how_5166968_acquire-mineral-rights.html
Minerals such as oil, gas, coal and gold are valuable commodities often worth more than the land they sit under. The sometimes complex question of who has the right to extract these minerals can be answered only in relation to who owns or h... Read More »
Source: http://www.ehow.com/about_5399583_owns-mineral-rights.html
Owning and selling land is not as simple a transaction as it might seem. The full transaction in a large city might include sale or retention of air-rights above a building, either allowing or preventing construction of a tall building on t... Read More »
Source: http://www.ehow.com/how_5420994_keep-mineral-rights.html
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