2006-06-13 12:41:53 · 5 answers · asked by rickspringer692000 1 in Business & Finance ➔ Renting & Real Estate
Look at your title report and deed. If they don't exclude mineral rights then you should own them.
2006-06-13 12:46:48 · answer #1 · answered by GaryODS 3 · 0⤊ 0⤋
Unless it is something thats in your deed you own the property from the ground to the center of the earth, and infinitly into space, and everything therein. While you dont own the air, you do have rights to anything in the dirt, excluding city waterlines/ electric lines.
You should have your lawyer varify it for you, but thats the definition of land ownership.
As a year ago (when i was still an active agent) you owned everything in the land. But there was a change not too long ago. Get your lawyer on it, since the government decided it can take it from you whenever they want, they might have tagged the mineral rights as well. Pirates that they are.
2006-06-13 19:58:23 · answer #2 · answered by amosunknown 7 · 0⤊ 0⤋
Check the land title of the property or contact the Bureau of Land Management.
However as far as I know, the government now reserves all mineral rights to all land sold in the USA. The only exceptions to this are titles that originally included the mineral rights, at the time of the origninal purchase. If this is a newly surveyed parcel of land I am pretty sure you do not have mineral rights. But hey a few phone call is all it should take to find out.
good luck, maybe there is oil down there!
2006-06-13 19:57:55 · answer #3 · answered by zaphods_left_head 3 · 0⤊ 0⤋
clay huuu
2006-06-13 20:13:43 · answer #4 · answered by ballin 2 · 0⤊ 0⤋
yeah, all the clay you can dig up-
2006-06-13 19:44:12 · answer #5 · answered by dababyispretty 3 · 0⤊ 0⤋