landowner

Mineral rights in a Louisiana Residential aggreement to buy or sell; mineral rights left blank

During a execution of a Louisiana residential Agreement to buy or sell, the line 30-32, mineral rights information was left blank and the document was signed by both the seller and buyer. The buyer's relator executed an addendum to clarify and explained that Line 31, zero percent mineral rights.  The seller refused to sign.  Since the initial agreement was executed with the percent to reserve or own blank.  Does the empty blank indicate zero percent mineral rights will be reserved or owned by the seller? Does the seller have any claim to the mineral rights after an executed agreement? do the mineral rights transfer to the buyer? Is there anything that can be put in writing indicating that the mineral rights have been transferred to the buyer during the closing?

Tags: 30, 31, 32, agreement, blank, buy, line, louisiana, mineral, or, More…percent, rights, sell, to

Views: 514

▶ Reply to This

Replies to This Discussion

Permalink Reply by Franks on October 22, 2015 at 12:58

Might try looking up the title company to ask them. 


landownerPermalink Reply by shiningwaterhole on October 22, 2015 at 16:42

thanks.   a title lawyer  said it reverts back to zero.   


landownerPermalink Reply by kittycatmama on October 22, 2015 at 16:21

Has the sale closed yet?


landownerPermalink Reply by shiningwaterhole on October 22, 2015 at 16:40

no

RSS

📧 Want email updates on new discussions?
Click Forum and scroll down past the last discussion and click the "Follow" button.

Top Content 

1 Haynesville Deep Phase 1 3D Seismic map

Haynesville Deep Phase 1 3D Seismic map
2 More Natural Gas for the Gulf Coast Market with Low Breakeven costs

More Natural Gas for the Gulf Coast Market with Low Breakeven costs
3 Standard Lithium vs GeoFrame vs T5

Standard Lithium vs GeoFrame vs T5
4 Billion dollar changes in the Haynesville Shale, energy prices expected to stay high

Billion dollar changes in the Haynesville Shale, energy prices expected to stay high
5 Rockcliff III Counters Haynesville Inventory Concerns with Shelby Trough Push

Rockcliff III Counters Haynesville Inventory Concerns with Shelby Trough Push
6 Request For Assistance

Request For Assistance
7 The Curious Case of SAMSON CONTOUR

The Curious Case of SAMSON CONTOUR

Groups

© 2026   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service