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Old 09-23-2010, 06:11 PM
 
1 posts, read 2,965 times
Reputation: 12

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I have a legal question concerning Louisiana's Mineral Rights.

Scenario 1:
on 6/1/2000 Seller A sells his land to buyer B an reserves his mineral rights.
on 7/10/2003 buyer B sells the land to buyer C and reserves the mineral rights (of which he has none).

Question: On 6/1/2010 who gets the mineral rights?


Scenario 2:
on 6/1/2000 Seller A sells his land to buyer B an reserves his mineral rights.
on 10/2/2002 buyer B purchases the mineral rights from seller A.
on 7/10/2003 buyer B sells the land to buyer C and reserves the mineral rights (of which he has bought the mineral rights).

Question: On 6/1/2010 who gets the mineral rights? Does Buyer C have to wait ten years from the mineral lease purchase or the 6/1/2000 date?
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Old 09-24-2010, 01:05 AM
 
11 posts, read 26,535 times
Reputation: 14
1. Buyer C can file for rights.

2. B has rights till 2012.

assuming all rights are filed legally and of course

Hire a Lawyer.
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Old 12-16-2013, 08:31 PM
 
2 posts, read 2,972 times
Reputation: 10
do mineral rights include water?
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