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re: Louisiana mineral rights agreement discussion thread

Posted on 5/19/14 at 8:56 am to
Posted by deSandman
Member since Mar 2007
969 posts
Posted on 5/19/14 at 8:56 am to
quote:

So basically I buy the property, I get the mineral rights in full at the end of the ten year period? So the only way he can keep them is to wait until that period is up and then negotiate a percentage with me and the sale of the property? Ie...not sell or close on the property until then.

The way I understand it, yes.
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