Mississippi Mineral Exploration License - Option to Lease
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How to fill out Mineral Exploration License - Option To Lease?
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FAQ
Investing your money earned from your mineral rights can be endlessly rewarding. When done correctly, the investment will often pay itself off and can provide you another source of income, be used to pay off a mortgage, or be used to start a college fund for your children or grandchildren.
A mineral owner's rights typically include the right to use the surface of the land to access and mine the minerals owned. This might mean the mineral owner has the right to drill an oil or natural gas well, or excavate a mine on your property.
Mississippi law allows mineral rights and land ownership to be separate. Some landowners may not be aware they don't own the mineral rights. Mineral ownership can be determined through a title search.
If you have mineral rights, you have several options available to help you profit from them. These include: 1) leasing the minerals; 2) selling all or a portion of the minerals; and 3) participating in development of the minerals.
Mineral rights also give you additional options when planning your estate. If you are a royalty owner, you can pass the rights onto their heirs. This gives you benefit from the income during your lifetime, and you still have a valuable asset to bequeath to your family.
If you have a property that does not currently produce royalty income and you do not have an active lease, the value is nearly always under $1,000/acre. The average price per acre for mineral rights that are not leased is between $0 and $250/acre.
If you have mineral rights, you have several options available to help you profit from them. These include: 1) leasing the minerals; 2) selling all or a portion of the minerals; and 3) participating in development of the minerals.
When a mining company leases your mineral rights, they have rights to the land and are entitled to explore, drill, bring large machinery, and excavate your land. If you are unsure about the leasing process, it may be in your best interest to sell your rights with the help of The Mineral Auction.
Mineral rights are ownership rights that allow the owner the right to exploit minerals from underneath a property. The rights refer to solid and liquid minerals, such as gold and oil. Mineral rights can be separate from surface rights and are not always possessed by the property owner.