Updated over 4 years ago on . Most recent reply
Vacant Land w/ Surface Rights Only
A family member purchased 175 acres of land in very rural part of GA. The land's mineral rights owned by previous owner and there are mines all over the property.
the drilling company states that they will work with her but that they can exercise their rights at any point to get the Kaolin underneath the surface.
Client trying to see if any way to gain money from the land (since vast, there is space between the mines).
Not owning the mineral rights, she will most likely have difficulty obtaining financing so she is looking for short-term, relatively low cost ideas while she pursues the longer term possibilities (currently thinking about developing a solar farm).
Beyond hunting lease, any other suggestions?