Leasing Your Mineral Rights (???)

Clodfobble · 09-19-2007, 04:36 PM

It would seem to me that if the neighborhood association (or whatever entity) has already negotiated with these people, that someone had to do some verification that they're on the up-and-up. Is there any way to talk to the people who negotiated the deal, maybe get a copy of the actual contract you'd be signing beforehand?

xoxoxoBruce · 09-19-2007, 06:27 PM

If you don't, they just take the gas under your property through the well next door.

Bullitt · 09-19-2007, 06:36 PM

My parents own the mineral rights (but not the land) for some acres in Texas and are currently getting monthly checks from the company for their oil and gas royalties. I'll ask them about some of the details and let you know any catches they avoided or whatever. They're smart folks so they go over all the smallest details in their financial happenings.

09-19-2007, 06:27 PM	#2
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	If you don't, they just take the gas under your property through the well next door. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

09-19-2007, 06:36 PM	#3
Bullitt This is a fully functional babe lair Join Date: Mar 2004 Location: Akron, OH Posts: 2,324	My parents own the mineral rights (but not the land) for some acres in Texas and are currently getting monthly checks from the company for their oil and gas royalties. I'll ask them about some of the details and let you know any catches they avoided or whatever. They're smart folks so they go over all the smallest details in their financial happenings. __________________ Kiss my white Irish ass. Last edited by Bullitt; 09-19-2007 at 10:58 PM.

09-19-2007, 04:36 PM	#1
Clodfobble UNDER CONDITIONAL MITIGATION Join Date: Mar 2004 Location: Austin, TX Posts: 20,012	It would seem to me that if the neighborhood association (or whatever entity) has already negotiated with these people, that someone had to do some verification that they're on the up-and-up. Is there any way to talk to the people who negotiated the deal, maybe get a copy of the actual contract you'd be signing beforehand?

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