So the deed says -
Vendor does, by these presents, grant, bargain, sell, convey, transfer, assign, set over, abandon and deliver, with all legal warranties and with full substitution and subrogation in and to all the rights and actions of warranty which vendors have or may have against all preceding owners and vendors, unto:
hereinafter referred to as Vendee, here present accepting, and purchasing for vendee, and vendees successors, heirs and assigns, and acknowledging due delivery thereof, all and singular the following described property to wit:
TO HAVE AND TO HOLD the above described property unto the said Vendee and Vendee's successors, heirs and assigns forever.
Then a few paragraphs down we have -
Vendor retains one-half of the minerals.
Is this language sufficient to create a mineral servitude? Or is it ambiguous and construed in favor of the land owner?
Thanks in advance for your advice!
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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