landowner

Lighthouse Point L.L.C. anyone?

We have received an offer to buy 12.5% of our mineral rights or 1/8 of the total 8/8ths from "Lighthouse Point L.L.C." whose address is "1 Foliate Way, Radera Ranch, CA 92694."  We like the fact that without hesitation they agreed to our asking price.  Problem - I cannot find anything online to verify any such company at all and not at the address given.  I cannot find a BBB for Radera Ranch.  Has anyone had any dealings with them?

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Permalink Reply by jffree1 on March 7, 2011 at 1:34

92694 is the zip code for Ladera Ranch, Ca.  Google Earth found the address to be what appears to be a large residence.

In Texas you can search for business entities registered with the Secretary of State.  I would imagine that California would have a similar office.  That type of search should turn up, at the very least, who registered the company with the state.  That would give you two items to search with the BBB. 

Permalink Reply by jffree1 on March 7, 2011 at 1:36
Excellent advice, Jay.  Would you leave the "engineer hiring" to the attorney or would that be something you would do apart from the attorney?

Oil & Gas ProPermalink Reply by The_Baron on March 7, 2011 at 3:59
Are they buying minerals or royalty?
2bddl6sv13j2hPermalink Reply by 2bddl6sv13j2h on October 17, 2011 at 4:50
D DODGEN / if they offer you one dollar,its worth three.
Permalink Reply by Zydeco on October 18, 2011 at 17:50

Welcome to the GHS site.   Do you or did you play golf on the Senior pro tour ?

2bddl6sv13j2hPermalink Reply by 2bddl6sv13j2h on November 2, 2011 at 1:17

there are sevreal buyers, want a list? i know some good people to deal with.


Oil & Gas ProPermalink Reply by The_Baron on November 2, 2011 at 3:04

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