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Updated over 5 years ago,

Axel Norvell's profile image
Axel Norvell's profile image
Axel Norvell
  • Investor
  • from Houston, TX
  • Member since Jul 8, 2019
  • Posts 66
  • Votes 56
  • Experience 5 Yrs
  • Investments 3
Connect

User Stats

66
Posts
56
Votes
Axel Norvell's profile image
Axel Norvell's profile image
Axel Norvell
  • Investor
  • from Houston, TX
  • Member since Jul 8, 2019
  • Posts 66
  • Votes 56
  • Experience 5 Yrs
  • Investments 3
Connect
Axel Norvell
  • Investor
  • Houston, TX
56
Votes |
66
Posts
Texas Real Estate Q&A Discussion Forum

Waiving Mineral Rights

Axel Norvell
  • Investor
  • Houston, TX
Posted

I'm reading an Addendum to the Purchase and Sale Agreement for a wholesale deal and I came across this item in the contract:

1. When you guys purchase properties, do you typically waive the Mineral Rights in your contracts? Is this a typical clause that wholesalers will include in their Addendums?

2. Do you guys typically hire a real estate attorney before purchasing a deal either through a wholesaler, or through any other means?

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