In some states, the mineral rights to a piece of property may have been Federal lands and Indian reservations in North Carolina Oct 9, 2013 The phenomenon is rooted in recent advances in extracting oil and gas In Florida alone, the builder has kept the mineral rights underneath more In North Carolina, a group of distraught homeowners contacted the state 

May 30, 2013 Certain minerals, such as coal, oil, and gas, are available for extraction and production via a contractual agreement between a private producer  Covia offers a broad array of high-quality mineral and material products and the industry's most comprehensive and accessible distribution network. We believe  May 19, 2011 Thirty-eight states have some form of forced pooling law. but drillers can generally extract minerals from a large area or "pool" -- in most states a North Dakota, Integration of fractional tracts, http://bit.ly/i27qG9, 38-08-08 South Carolina, Compulsory integration, http://bit.ly/hegsVx, 48-43-340, South  Oct 9, 2014 And then there was North Carolina, a non-producing state with just Dr. Jeffrey C. Reid, senior geologist of energy and minerals at the North Carolina Department of these basins as the current state law in North Carolina allows for the Eight oil and gas exploration wells were drilled in the Lee County  In some cases, the common law doctrines have been modified or clarified by statutes enacted by the Michigan legislature. The Oil, Gas, and Minerals Division of  If mineral rights and/or oil and gas rights are or will be severed from the property, the owner of those rights may have the perpetual right to drill, mine, explore, and remove any of the subsurface mineral and/or oil or gas resources on or from the property either directly from the surface of the property or from a nearby location.

If mineral rights and/or oil and gas rights are or will be severed from the property, the owner of those rights may have the perpetual right to drill, mine, explore, and remove any of the subsurface mineral and/or oil or gas resources on or from the property either directly from the surface of the property or from a nearby location.

The State of North Carolina Mineral and Oil and Gas Rights Mandatory Disclosure Statement requires all sellers of a new or existing homes in NC to disclose whether the mineral, oil and gas rights for the property are owned by someone other than the seller. This new disclosure will be filled out by you as a seller at the time of listing your home for sale. The NC Division of Energy, Mineral and Land Resources seeks to promote the wise use and protection of North Carolina's land and geologic resources, including mining, dams, sediment and erosion control, stormwater management and geological survey. The division's Energy Section includes oil and shale gas management, transportation, renewables, and the implementation of the State Energy Program (b) The North Carolina Real Estate Commission shall develop and require the use of a mineral and oil and gas rights mandatory disclosure statement to comply with the requirements of this section. The disclosure statement shall specify that the transfers identified in G.S. 47E-2(a) are exempt from this requirement but the transfers identified in G.S. 47E-2(b) are not. Use of the Mineral and Oil and Gas Rights Mandatory Disclosure Statement is, as the title states, “mandatory” beginning this past January 1, 2015. Keep copies of it handy for those times when you assemble paperwork relating to the sale of a property.

(b) The North Carolina Real Estate Commission shall develop and require the use of a mineral and oil and gas rights mandatory disclosure statement to comply with the requirements of this section. The disclosure statement shall specify that the transfers identified in G.S. 47E-2(a) are exempt from this requirement but the transfers identified in G.S. 47E-2(b) are not.

The NC Division of Energy, Mineral and Land Resources seeks to promote the wise use and protection of North Carolina's land and geologic resources, including mining, dams, sediment and erosion control, stormwater management and geological survey. The division's Energy Section includes oil and shale gas management, transportation, renewables, and the implementation of the State Energy Program (b) The North Carolina Real Estate Commission shall develop and require the use of a mineral and oil and gas rights mandatory disclosure statement to comply with the requirements of this section. The disclosure statement shall specify that the transfers identified in G.S. 47E-2(a) are exempt from this requirement but the transfers identified in G.S. 47E-2(b) are not.

Among the new North Carolina laws that will take effect Jan. 1 is one that will require all sellers of a new or existing homes in the state to disclose beforehand whether the mineral, oil and gas rights for the property is owned by someone other than the seller.

(b) The North Carolina Real Estate Commission shall develop and require the use of a mineral and oil and gas rights mandatory disclosure statement to comply with the requirements of this section. The disclosure statement shall specify that the transfers identified in G.S. North Carolina General Statutes 47E-4.1. Required mineral and oil and gas rights disclosures. (a) With regard to transfers described in G.S. 47E-1 and G.S. 47E-2(b), the owner of the real property shall furnish to a purchaser a mineral and oil and gas rights mandatory disclosure statement. Among the new North Carolina laws that will take effect Jan. 1 is one that will require all sellers of a new or existing homes in the state to disclose beforehand whether the mineral, oil and gas rights for the property is owned by someone other than the seller. Another possible shale basin with gas is beneath Cumberland, Scotland, Hoke and Sampson counties, where even fewer landowners understand the issues. But Lee and Chatham counties are unique when it comes to mineral rights. In nearly every real estate transaction in North Carolina, Basins in North Carolina pose the potential for oil and gas extraction in the state. Image from the N.C. Department of Natural Resources fracking study, dated April 12, 2012. As the state tests for natural gas deposits, some Jackson County property owners are fretting about decades-old decisions to sell mineral rights.

(b) The North Carolina Real Estate Commission shall develop and require the use of a mineral and oil and gas rights mandatory disclosure statement to comply with the requirements of this section. The disclosure statement shall specify that the transfers identified in G.S.

May 19, 2011 Thirty-eight states have some form of forced pooling law. but drillers can generally extract minerals from a large area or "pool" -- in most states a North Dakota, Integration of fractional tracts, http://bit.ly/i27qG9, 38-08-08 South Carolina, Compulsory integration, http://bit.ly/hegsVx, 48-43-340, South  Oct 9, 2014 And then there was North Carolina, a non-producing state with just Dr. Jeffrey C. Reid, senior geologist of energy and minerals at the North Carolina Department of these basins as the current state law in North Carolina allows for the Eight oil and gas exploration wells were drilled in the Lee County 

Feb 19, 2008 Even mineral rights leases create interest in real estate governed by principles of law applicable to land (citing Piney Oil & Gas Co. v. Allen,. (a) With regard to transfers described in G.S. 47E-1 and G.S. 47E-2(b), the owner of the real property shall furnish to a purchaser a mineral and oil and gas rights  The General Mineral Deed in North Carolina transfers oil, gas, and mineral rights from the grantor to the grantee. THIS IS NOT A LEASE. There are no  If you don't, someone could drill on your land without your consent. Read to learn the steps you can take to find out if you own your mineral rights. This handout  In some states, the mineral rights to a piece of property may have been Federal lands and Indian reservations in North Carolina