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The most important point to understand about mineral rights is this: If the sellers owns any mineral rights they automatically transfer to the buyer unless they are reserved and held by the seller. The value and existence of mineral rights is not easily determined.
Realtors®, Appraisers and Title Company’s do not provide information regarding the ownership of mineral rights and associated terms and leases. Sometimes the seller has this information. If the seller does not know they are often directed to hire a “Land Man” to research mineral rights. Title commitments do not include information about mineral rights. In most situations, the transference of mineral rights is negotiated in the terms of the sales contract.
That being said, most sellers that have valuable mineral rights know they do. Either they have been approached by a Land Man, the HOA has been approach or a neighbor made then aware. Our mineral rights contract addendum make it easy to retain those rights if the seller desires to keep them.
We help you understand the right questions to ask regarding mineral rights, contract addendum’s, and what to do about mineral rights.
Notice: This website contains general information about possible legal and financial matters. The information is not advice, and should not be treated as such. You must not rely on the information on this website as an alternative to legal or financial advice from your attorney, accountant, or other professional legal services provider. If you have any specific questions about any legal and financial matter you should consult your attorney, accountant, or other professional legal services
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I’m excited to announce that after 18 years of providing dedicated service, our clients have collectively saved over $10,000,000 in commissions! Among these savings are over $1,100,000 for clients who found unrepresented buyers and were able to avoid any selling costs. On top of that, we’ve distributed more than $330,000 in incentive rebates to over 100 satisfied buyers. These remarkable achievements are a true testament to our commitment to providing high-quality, cost-effective real estate services to our clients.Tod G. Franklin – Realtor®, Broker, Owner, and multi-million dollar producer at DFWCityhomes
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DFWCityhomes is an established and highly regarded Flat Fee MLS Listing Service company in Texas. We have been providing dedicated service for almost two decades delivering personalized service to each client. As the best Flat Fee MLS Listing Service in Texas, we offer affordable and excellent service, while our track record showcases our commitment to professionalism, integrity, and customer satisfaction.