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Mineral Rights and the Right to Peaceful Enjoyment

By
Real Estate Agent with EXIT Realty Advantage Pagosa, Pagosa Springs, Colorado

I represent a Buyer from out of State and we are set to close next Friday. This is a 35 acre parcel and has Magnificent, Un-blockable views of the Western Slope/Continental Divide.

PAGOSA PEAK

He recently received the Title Documents to preview and noticed the Mineral Rights were not to be included in the Conveyance of the Property. He knows that if someone were to discover oil, natural gas, gold or coal, they could in all actuality, mine the subsurface for the harvest.

What he didn't undestand was that on any land up here, if the subsurface rights are precluded from a sale and the mineral rights owner decided to acquire the deposits, whatever they may be, the owner of such rights would have to derive a way to obtain these "treasures" as to not disrupt the way of life for the surface owner. This includes "The Right to Peaceful Enjoyment"

This means, that a company cannot come in and dig a quarry on your property to obtain the bounty. Especially if/when the "Peaceful Enjoyment" is disrupted. If they wanted to put a Gas or Oil Well rig on your property, they could do just that as long as there wasn't any consistent noise of more than 24 hours. Depending on what the subsurface matter was, if the surface owner put up a big enough fight, it could work out in everyone's benefit.

Another thing that should be acknowledged is, if there were any substantial deposits, of anything, they probably would have been mined, long ago.

Your property rights do matter in Colorado. The Right to Peaceful Enjoyment is just one of them.

Comments(10)

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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

That's a magnificent view Jon. I can understand wanting to be sure, if possible, that it cannot be disrupted.

Jeff

May 08, 2012 11:53 PM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM

Jon, this is an awesome 35 acre parcel with killer views!  I'm sure the buyer can't wait to close Friday!  There are always many details when purchasing land or a home that a non- Realtor® has no clue about until it's their turn for a real estate education.  

May 08, 2012 11:58 PM
Richie & You
pearlsforthesoul.com - Cedar City, UT
Author & Consultant

The fact that someone can come in at a future date and access your property doesn't go well with me...

May 09, 2012 12:06 AM
Jon Eliason
EXIT Realty Advantage Pagosa, Pagosa Springs, Colorado - Pagosa Springs, CO

Jeff ~ That's one of the things that many enjoy about our Mountains. My folks actually bought 2 lots across the street from them to assure themselves that no one would ever build a home to block their views. The views are quite similar. Thanks for visiting.

John ~ This is so true. Being aware of the possibilities is just another thing that Buyers need to be aware of, when purchasing land where the subsurface rights are affected. Thanks John!

Richie ~ It does sorta freak you out. But like most areas, research has been done and if there were deposits of any value, they would have been extracted by now. Thanks.

May 09, 2012 12:19 AM
Dr. Paula McDonald
Beam & Branch Realty - Granbury, TX
Granbury, TX 936-203-0279

Beautiful view.  Great information for your buyer's in your area. 

May 09, 2012 01:02 AM
Jon Eliason
EXIT Realty Advantage Pagosa, Pagosa Springs, Colorado - Pagosa Springs, CO

Paula ~ The Managing Broker in our office is a native of Pagosa and been doing Real Estate for 34 years. She has yet to see anyone ever come back and try to do any mining. Especially in a sub-division...   Thanks.

May 09, 2012 01:36 AM
Belinda Spillman
Aurora, CO
Colorado Living!

Jon,  Your buyer is lucky to have a very knowledgable agent like yourself on the mineral rights and right to peaceful enjoyment.  What a beautiful picture.  Gotta love Colorado.

May 09, 2012 01:45 AM
Jon Eliason
EXIT Realty Advantage Pagosa, Pagosa Springs, Colorado - Pagosa Springs, CO

Brenda ~ Whenever a Client asks me a question, if I don't know the answer, I will find out. Plus, I learn something new too. And yes, Colorado IS awesome. Thanks.

May 09, 2012 01:56 AM
Broker Patty Da Silva Da Silva
Green Realty Properties® - 954-667-7253 - Cooper City, FL
Top Listing Broker

Jon,

Beautiful property! Your buyer is very lucky, in so many ways. Congratulations on a job well done.

May 09, 2012 04:12 AM
Jon Eliason
EXIT Realty Advantage Pagosa, Pagosa Springs, Colorado - Pagosa Springs, CO

Patti ~ Thanks! I try... ;)

May 09, 2012 04:57 AM