Nc mineral and oil rights disclosure 2025

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There was instances in the Ft Worth, Texas area where owners of homes in subdivisions were paid royalties since gas wells were drilled within the city. Bottom line, buying a home without minerals in a subdivision will not affect your resale price but if you have the minerals on acreages, this is a big plus in the sale.
Go to the Courthouse to Search Mineral Ownership Records If you live on or near your property, you can go to the courthouse yourself to search the records. Make sure that you have your propertys legal description when doing so! If you dont have the description, go to the tax office first.
How do I know who owns a propertys mineral rights? Checking the property deed can indicate who has mineral rights. You can also ask your county clerk to research the chain of title.
Minerals and mining rights can be created and transferred separately from the surface rights, and those mineral rights constitute a separate and distinct property interest.
The obligation to provide a MOG Disclosure Statement is contained in the Residential Property Disclosure Act. The Act only applies to certain transfers of residential real property consisting of not less than one nor more than four dwelling units (see G.S. 47E-1).
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Mineral estate Mineral interests can be owned by private landowners, private companies, or federal, state or local governments. Sorting these rights are a large part of mineral exploration.
Checking the property deed can indicate who has mineral rights. You can also ask your county clerk to research the chain of title.

mineral oil gas rights disclosure