Updated over 7 years ago on . Most recent reply
Mineral rights and investment proprety
Hello,
I am in the process of purchasing a 4plex in Midland, TX. It is on a small residential lot. The sellers want to keep the mineral rights. I am wondering if it is worth the battle to try and keep them and potentially lose the deal or just let the sellers have them? I can't imagine a tiny residential lot's mineral rights are going to be worth much in the overall scheme of things. Thoughts?
Thank you!
Adam
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Matthew Paul
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Matthew Paul#1 Multi-Family and Apartment Investing Contributor
#1 Multi-Family and Apartment Investing Contributor
- Severna Park, MD
Unless they want to dig up the whole property looking for minerals , what could go wrong ?
https://www.trulia.com/voices/Home_Buying/If_the_seller_retains_the_mineral_rights_do_they_r-335701