why that was nice

[WhoSayWho? 5,000+ posts]

But if they paid 10 owners ago, they still own it.
What I am saying is here, no one has bought it....probably because there is not much oil in TN. There is in some places but not much.

A lot of this is going to depend on state law and state history. For example, in LA if the mineral rights owner does not exercise the mineral rights within 10 years of acquiring them then they revert back to the current surface owner. IIRC.

 

[BobbyDD 10+ year member]

can you explain this to me? i have never bought a house, so none of this has concerned me yet.

Have you ever seen a water or gas line put in? They can cut through your yard and right through your driveway within a certain distance off the road and there's nothing you can do about it.

 

[IamDeMan 5,000+ posts]

One of my houses was in OC, CA and the other outside of Denver. Both required it. Good Luck Jed Clampett:laugh:

I have bought 2 homes in FL with no such thing being signed.

 

[IgnoreMe 5,000+ posts]

Have you ever seen a water or gas line put in? They can cut through your yard and right through your driveway within a certain distance off the road and there's nothing you can do about it.

and they dont even have to pay to fix it either right?

 

[IamDeMan 5,000+ posts]

who said i didnt like the choice? honestly look outside, and tell me where you would grow? there really isnt a lot of farmable land that actually has soil that will grow a decent crop

Where you currently live, no, but who said you didn't have choice to move homestead to more fertile ground //content.invisioncic.com/y282845/emoticons/wink.gif.608e3ea05f1a9f98611af0861652f8fb.gif

 

[Flipx99 5,000+ posts]

Have you ever seen a water or gas line put in? They can cut through your yard and right through your driveway within a certain distance off the road and there's nothing you can do about it.

Depends.

Folks in TN always compain about an endangered salamander or something....thus why 840 still isn't finished.

 

[Flipx99 5,000+ posts]

and they dont even have to pay to fix it either right?

Not sure.

 

[Flipx99 5,000+ posts]

A lot of this is going to depend on state law and state history. For example, in LA if the mineral rights owner does not exercise the mineral rights within 10 years of acquiring them then they revert back to the current surface owner. IIRC.

Interesting.

As I suspected, BoomBoom just happened to buy properties with the mineral rights already sold.

 

[IamDeMan 5,000+ posts]

Again, that is part of the easement deal.

easement ftl

 

[BobbyDD 10+ year member]

and they dont even have to pay to fix it either right?

They do have to patch it, but it always looks like shit.

 

[IamDeMan 5,000+ posts]

Indeedly. Pray they never want to put a freeway where your house is.

I kill em!