Quote:
I thought property lines went down to the center of the earth. That's why you'd own the minerals, oil, etc. under your ground under your house.
|
I've read hundreds of purchases / sales agreements and have yet to read a purchase agreement that granted the buyer any mineral, oil, gas, water, etc. ownership rights. At least in the residentual areas of So Cal. it is not possible. The reason being is the state, county and government entites do not want someone buying a home on Elm street only to errect an oil rig.