David Saks: June 2012

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Real Estate Practice : Lesson 1712

                                                        #1712

When a buyer purchases a parcel of land and turns around and negotiates the sale of the oil rights to a petroleum refinery or mineral rights to a mining group what kind of right is the buyer rescinding to the buyer of the mineral or petroleum company ?

Take your time. The solution is posted below the wildlife photograph.

Subsurface rights.

The buyer has given up the rights to the natural resources lying below the surface of the land in the sale negotiation.




David Saks



Time&Temp Memphis

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Comment balloon 0 commentsDavid Saks • June 25 2012 05:01AM
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