Who Owns the Rights to Minerals on Your Property?

You Own the Home, Builders Own What’s Under It

October 10, 2013
from realtormag.realtor.org

Minerals

Builders are increasingly retaining the mineral rights to homes they sell, according to a recent investigation by Reuters of county property records in 25 states. That means that while home owners own their homes from the ground up, the builders lay claim to what’s beneath the home, such as oil, natural gas, water, or other natural resources.

Looking for more information on minerals on your property? Visit realtormag.realtor.org for more information!

Need a new home? Visit limousinerealestate.com or call Tom at 303.663.9335 for all your residential real estate needs in Highlands Ranch, Castle Rock, Centennial, Denver, Lone Tree and Sedalia!

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