Minreal rights
If I don't own my minral rights can I still lease? Do the owner's have to have my permission to lease without the mineral rights? Am I still in the loop to lease my land without the rights. If any one can answer please let me know. Thanks!
Views: 45
Replies to This Discussion
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Permalink Reply by SharonB T18N R15W S8 on
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I'm surprised no one has brought up Louisiana's old inheritence laws and the Usufruct issue. There may be widow's out there who hold mineral rights and not know it.
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Permalink Reply by Two Dogs, Pirate on -
If someone is stupid enough to buy a lease from you, then they should suffer the pain of being out that much money. Believe me there is a lot of stupid people buying leases in NW LA. Scratch any mention of warranty from the OGML and have a warranty disclaimer in the Exhibit "A" of the lease, don't take a draft and demand a check or cash money if it is a check haul butt to the bank and cash it.
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