Hi, just wanted to drop a quick note introducing myself. I'm a Realtor based in Jamaica (what is fast becoming the best performing market in the Caribbean) and I'm just happy to see what we can learn and share with ea...
Hi there,I came across a section on appurtenances in my RE course and wanted to explore a hypothetical. First, here's an example of subsurface rights as an appurtenance (from the course):ExampleAn oil company buys the...
Gotta love going to mailbox and receiving an unexpected check. This is why it is so important to reserve minerals on any property you are selling. This is also why I believe certain areas of Texas are better than ot...
Question -
When you purchase a property at trustee sale do the mineral rights also convey?
My Guess -
Take a state like Texas for example. When you purchase a home in Texas if the mineral rights do not convey th...
So our family found a pretty good property which in my opinion is at the right price to start out....but I have a couple concerns so I was hoping the group could guide us...1. The seller is not willing to turn electr...
Does anyone know whether it's customary in Texas to leave the mineral rights with the prior owner? The seller is requesting to keep the mineral rights after our sale is finalized. He said its normal and it's a big dea...
I wrote a blog post recently on BP about a NPN with significant title issues. The NPN was a HELOC originated by a big bank in 2005. They never obtained or recorded reconveyances for the two loans (one from 1983 and on...
I am just starting out to learn Real Estate and get my license. I was reading some books and I came across a legal term called: "Appurtenance." The meaning of is when a right in a land is inherent to the person as the...
Recently I have been purchasing a lot of land & turning them into payments for deed with pretty good success. Many of the clients that I buy land from have the mineral rights but I am having a hard time figuring o...
Hello,
I purchased my first house hack September 1, 2022 and moved in immediately (day of closing) with an FHA owner occupied loan. I understand the requirement of needing to live in the home for a year before being ...