Get answers to legal questions about real estate

the question

Do I own the mineral rights to whatever oil or gas may be found under my house?

the answer

Yes, mineral rights and other subsurface rights are included with the surface rights of your land, so long as any such rights were not previously reserved or conveyed in the chain of title (or history) of the property. Unmined minerals that remain “in-tact” or under the surface of the land are included as part of the real property. However, minerals and other mining rights can be severed from the surface of the land and reserved or conveyed by the owner as a separate estate (or form of ownership, right or possession).

Phillip C. Price
Real Estate Closings

• Affordable • Experienced • Accessible
828-633-2374 • www.phillippricelaw.com 

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