Are the Mineral Rights included with the Property?
In the southwest, chances are the mineral rights are owned by the Government or the Railroad entities. This right was granted to these companies for building a by coastal rail way system in the 1800s. Information about purchasing the rights can be obtained by calling the County in which the property is located.
A. Here in the southwest, chances are the mineral rights are owned by the Government or the Railroad entities. This right was granted to these companies for building a bi-coastal railway system in the 1800’s. Information about purchasing the rights can be obtained by calling the County in which the property is located.
In the Western United States it is very rare to have mineral rights associated with your property. Mineral rights are typically included in the legal description of the property on the deed. A bidder should not be concerned that the day after the property is purchased, a drilling rig will show up and dig up the land. Nearly all of the time, mineral rights to property in this area will never be explored. If this does happen, in most cases, the government has to compensate the landowner for any damage incurred. Mineral rights can also be purchased directly from the government.
