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Are mineral rights worth it?

When it comes to mineral rights, the standard admonition has long been consistent and emphatic: Avoid selling them. After all, simply owning mineral rights costs you nothing. There are no liability risks, and in most cases, taxes are assessed only on properties that are actively producing oil or gas.

How long are mineral rights good for in Louisiana?

Louisiana Mineral Rights are somewhat unique. Unlike other states, Louisiana mineral rights revert back to the original owner after 10 years from the date of sale or from the date of last production.

How long are mineral rights good for in Louisiana?

Louisiana Mineral Rights are somewhat unique. Unlike other states, Louisiana mineral rights revert back to the original owner after 10 years from the date of sale or from the date of last production.

How long does mineral rights last in Louisiana?

Louisiana Mineral Rights are somewhat unique. Unlike other states, Louisiana mineral rights revert back to the original owner after 10 years from the date of sale or from the date of last production.

What are mineral rights in Louisiana?

Surface rights and mineral rights are the two types of rights that may be included in land ownership. In Louisiana, these rights are related but distinct. When a person owns a tract of land, he or she may own everything above and below the surface (surface and mineral rights).

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