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Updated about 7 years ago on . Most recent reply

Adam Macy's profile image
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Adam Macy
  • from Fort Collins, CO
  • Member since Jan 9, 2018
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Adam Macy
  • from Fort Collins, CO
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Adam Macy
  • Fort Collins, CO
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Mineral rights and investment proprety

Adam Macy
  • Fort Collins, CO
Posted

Hello,

I am in the process of purchasing a 4plex in Midland, TX. It is on a small residential lot. The sellers want to keep the mineral rights. I am wondering if it is worth the battle to try and keep them and potentially lose the deal or just let the sellers have them? I can't imagine a tiny residential lot's mineral rights are going to be worth much in the overall scheme of things. Thoughts?

Thank you!

Adam

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Matthew Paul
  • #1 Contractors Contributor
  • from Severna Park, Maryland
  • Member since Aug 25, 2013
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Matthew Paul
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  • from Severna Park, Maryland
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Matthew Paul#1 Contractors Contributor
  • Severna Park, MD
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Matthew Paul#1 Contractors Contributor
  • Severna Park, MD
Replied

Unless they want to dig up the whole property looking for minerals , what could go wrong ? 

https://www.trulia.com/voices/Home_Buying/If_the_seller_retains_the_mineral_rights_do_they_r-335701

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