Trulia Voices—76012

Top Voices      Member Search BETA      Create a profile

Ask a question

Browse

Search

e.g.: "San Francisco, CA"
e.g.: "Parks" or "Schools"

Email me when:

RSS
 
Share this: 
  • del.icio.us
  • Digg
  • Reddit
  • StumbleUpon
  • NewsVine
 

I live in an area where there will be gas leases? how can i find out if i have the mineral rights to my land?

what is a titile search?>
Tue Feb 12 2008, 16:01 - 76012 - Market Conditions - 3 answers
 
Useful
(0)
 
 
Not useful
(0)
 
  report get email alerts email a friend
 
Greg Bates...
Buyer & Seller
in Arlington
Greg Bates..., Buyer & Seller in Arlington in Arlington
Answers (3)
Show me:  Recent Answers     Oldest Answers     Highest Rated  
 
Dustin Colle… was FIRST TO ANSWER
Request the information from your mortgage company. The property records should be attached to your housing documents. If you want to get a good price for your land...DO NOT deal directly with the Oil and Gas companies. Find out who is running your local Homeowners Association. They will probably be negotiating with the different companies to get the best price per acre... Dealing with the company direct could see you getting $1k per acre and no royalties, while negotiating as a group could get you up to $25k and 25% royalty. I live in 76012 Sanford/cooper area and I know that Mt. Olive is negotiating on our behalf. Don't settle for less.

Wed May 7 2008, 05:24
 
Useful
(0)
 
 
Not useful
(0)
 
 
report
 
In Texas you need to call a landman or oil and gas attorney. The search is not typically not cheap. Title companies will typically NOT do the search for you and it is not part of a normal title search. We can provide you with a list of landmen who can do the search for you. One of the better articles I've seen on this was earlier this week in the Star Telegram

Tue Feb 12 2008, 19:09
Web Reference: http://www.star-telegram.com/business/story/465884.html
 
Useful
(0)
 
 
Not useful
(0)
 
 
report
 
FIRST ANSWER
Go to the county where your deed is recorded and ask them, or call a title company and see if you can con them out of a free title search and they would be able to tell you, or call a company name Dale Property Services (google them) and ask them. I can tell you if you live in a newer large development with a bunch of tract homes the chances are very slim but if you live in a more established area its very possible. I own 14 properties and have recieved a about $10,000 this year in lease bonuses so it is possible. Best of luck to you and let me know if there is anything else you need.

-Dustin Collett

Tue Feb 12 2008, 18:51
 
Useful
(0)
 
 
Not useful
(0)
 
 
report
 
[+] Save this question Send this question to a friend
Permalink: http://www.trulia.com/voices/Market_Conditions/I_live_in_an_area_where_there_will_be_gas_leases_-22082--recent