On Sat, 22 Oct 2005 22:30:46 GMT, "Jim Warman"
>Same sort of thing for Canada... While I own my land, I do not own any
>resources it may harbour. Where Rich get's his info, I don't know but, if he
>owns any land, he should be aware of the statement in the property deed
>regarding the exclusion of oil and minerals. The farmers that I know have to
>allow right of way on to oilfield leases. They are paid rent on the lease
>itself based on fair market value... if there is a permanent road to the
>lease, they are also paid rent on that land. If the land all the way around
>the lease and the producer needs to get onto the lease.... the farmer and
>the producer get to argue about cash value lost for any crops destroyed.
My property here in California has an exclusion for mineral rights. I
own the property but NOT the mineral rights. Technically, someone
could tunnel beneath me, and extract any minerals until my home fell
into a sinkhole. They can't come on the property though. And then
there are things like setbacks. It's my property but... I can't plant
a tree within X number of feet from the street because the city/county
and utilities companies have rights to that zone. There are so many of
those limitations it's a question of what I can do or not do. I even
have to go to the utilities to get permission to dig down more than a
foot or maybe 18" so I don't hit a power, gas, water, sewer, or
whatever line. But they can enter anytime to work on their stuff. And
nowwwwww, the new "eminent domain" law is in place. Before they could
take my place for a highway or similar. Now they can take it and give
it to a business. There's a guy in Texas, along with his neighbors who
are losing theirs for a new stadium.
It pays to read the deed and title, as well as keep a close eye on any
new laws and ordinances which get passed.
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