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re: Mineral Rights vs. Royaly Interest Question
Posted on 3/27/15 at 8:44 am to TSLG
Posted on 3/27/15 at 8:44 am to TSLG
quote:
What state? I don't think it's 4-0 anymore. Without seeing the specific language, I'm going with person B also.
It is definitely B. The argument that an instrument that specifically includes minerals and is silent on royalty somehow constitutes a reservation of royalty rights is completely absurd. B needs to get a lawyer right now.
It's like selling a lot with a house and a pool then saying the new owner can't swim there because the deed didn't specifically include the pool water.
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