Replies to This Discussion

Permalink Reply by po boy on August 6, 2008 at 11:43

check you deed to see if the minerals were reserved. check with the clerk of courts office.

Permalink Reply by Tracy on August 7, 2008 at 1:38

You can contact any of the companies and they will do the research for you.
I bought my property in Elm Grove about 9 months ago, previous owner told me they had received letters but never did anything with them (no leases signed). I spoke with a couple of companies and they said I did have the mineral rights then I go to a neighborhood meeting and find out from a company that the previous owner did infact sign a lease. The lease will expire next year, but the company said I could go ahead and sign and the lease would take affect once the previous lease expires. They would pay a small percentage of the bonus money now and the rest when the new lease goes into affect. Don't know what happens if there is production before old lease expires.

Permalink Reply by Melissa Beiger on August 10, 2008 at 12:30

Thanks, I will contact a company. That is what I am afraid may have happened here. My contract says I have the mineral rights, but a neighbor told me she thought the previous owners did sign a contract. Thanks again.

Permalink Reply by Margaret Wren on August 10, 2008 at 16:28

Check with a lawyer to be sure. If the previous owner signed a lease or not, and did not retain the mineral rights in the contract then you should own the mineral rights as well as the land.