Mineral Right Tax Liens

[Grant Jordan Ward]

Was just curious are mineral right liens worth anything or are they worthless? Just noticed i accidentally bought one in the past years lien sale and not sure if its worth it to keep paying the taxes on it every year! 

[Ned Carey]

@Grant Jordan Ward well this is facinating. I have never run into this before. 

That said, my guess is in entirely depends on the specific property and the value of the mineral rights. You are going to have to do some reseach. No one here is going to have adirect answer. The first place i would look is the land records and see what the price was for the mineral rights. Then I would visit the property and see if there is any mining activity. 

[Grant Jordan Ward]

Quote from @Ned Carey:

@Grant Jordan Ward well this is facinating. I have never run into this before. 

That said, my guess is in entirely depends on the specific property and the value of the mineral rights. You are going to have to do some reseach. No one here is going to have adirect answer. The first place i would look is the land records and see what the price was for the mineral rights. Then I would visit the property and see if there is any mining activity. 

 Thank you!