We are in the very beginning stages of research/looking for land here in TX. This would be for weekend get-away and for hunting.
One of the questions I have is about mineral rights. It seems that most properties are surface sales only. What happens if in the future some gas company shows up and takes over? I've read about them compensating you for surface damage, but there isn't anything too detailed that I have found. When they say you will be compensated, does this mean they will just throw a little money your way and you have no control, or will the compensation be legit?
Does anyone have any experience, or know a website that has detailed information so that I can do my own research?
I want to know what my risks are before I buy land to hunt and take my family, and 10 years from now someone comes in and destroys what I've made.
One of the questions I have is about mineral rights. It seems that most properties are surface sales only. What happens if in the future some gas company shows up and takes over? I've read about them compensating you for surface damage, but there isn't anything too detailed that I have found. When they say you will be compensated, does this mean they will just throw a little money your way and you have no control, or will the compensation be legit?
Does anyone have any experience, or know a website that has detailed information so that I can do my own research?
I want to know what my risks are before I buy land to hunt and take my family, and 10 years from now someone comes in and destroys what I've made.
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