- Joined
- Jul 13, 2007
- Messages
- 63,499
It appears that there have been shenanigans in home and land sales. Sellers have secretly separated the top of the land from what is underneath. You may only own the topsoil. No wells for you.
Special Report: U.S. builders hoard mineral rights under new homes
...
But when the Davidsons paid $255,385 in 2011 for the house on Birdie Drive, they didn't know that they had, in essence, bought only from the ground up, and that their homebuilder, D.R. Horton, had kept everything underneath.
"Wait a second, wait a second," Robert Davidson said after a reporter told him that a search of county records showed that D.R. Horton still owned the oil, natural gas, water and other natural resources beneath his and his neighbors' homes. "Let me sit down a minute here. They have the mineral rights to the land I'm on?"
...
http://www.reuters.com/article/2013/10/09/us-usa-fracking-rights-specialreport-idUSBRE9980AZ20131009