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The 3 'C's for mineral property Ownership
One of the unique opportunities we have in the good ol’ USA is property rights and that includes Mineral Rights. The subsurface mineral property owner cannot have what I call the 3 Cs; cows, crops or a cabin on the land, unless they get permission from the Surface property owner.
As the owner of subsurface mineral rights, you have the legal right to extract and use any minerals that are located beneath the surface of the land. However, this does not give you the right to use the surface of the land for other purposes, such as grazing cows or growing crops. This is because the surface rights to the land are typically owned by a separate individual or entity. Therefore, you would need to obtain permission from the surface owner if you wanted to use the land for any purpose other than mineral extraction.
Additionally, as the owner of subsurface mineral rights, you do not have the right to build a cabin or any other permanent structure on the property. This is because the right to use the surface of the land for such purposes is also typically owned by a separate individual or entity. Therefore, you would need to obtain permission from the surface owner if you wanted to build a cabin or any other permanent structure on the land. Additionally, you would also need to meet any zoning and building regulations of the local government.
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This video is meant for educational or entertainment purposes only. This video is not a solicitation. I am not a lawyer, CPA or financial advisor and I am not giving legal, financial or tax advice.
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