: The best protection is a recorded waiver where the mineral owner gives up the right to use the surface for extraction, requiring them to use directional drilling from neighboring lots instead.
: Properties without mineral rights may have a lower resale value, especially in resource-rich areas. buying property without mineral rights
: Attempt to negotiate an SUA with the mineral owner to restrict where they can drill or how they must restore the land. : The best protection is a recorded waiver
Buying property without mineral rights (a "severed estate") means you own the surface, but someone else owns the resources beneath it . While common in many areas, it introduces specific risks and financial considerations. Key Risks & Considerations Buying property without mineral rights (a "severed estate")
: Some lenders or insurance providers may have stricter requirements or exclude coverage for damages caused by resource extraction. Protecting Your Interests
: Extraction activities can lead to the installation of drilling rigs, pump jacks, storage tanks, and access roads on your land.