Northeastern Ohio Homes and Land in Ashtabula, Geauga, Lake County- Ask the Realtor

By
Industry Observer with No Longer

Please define mineral rights?

Minerals-- In Real Estate terms, those minerals of value which may be taken by mining, such as coal, iron, copper, gold, silver, etc  Mineral rights as well as oil rights, may be sold or leased separately from the land itself.


The ownership of the minerals (coal, gold, iron, etc.) under the ground with or without ownership of the surface of the land is known as mineral rights.  Mineral rights don't always transfer with the sale of acreage. In some circumstances the seller may "reserve" the mineral rights.  This is also possible with timber.

For more information on property in Ashtabula and Geauga and Lake County--

http://www.NortheasternOhioProperty.com

 

 

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