joegr
Dedicated LVC Member
That's also crazy! Why should the government just randomly get them? I feel like mineral rights should sell with the property by default.
People pass laws and that's what happens. Where I am talking about, if your property was in the 16th section of each area, all money from oil goes to the school system.
As for properties being separate from the rights to the minerals on the property, they figured out some time back that those could be retained or sold separately and most buyers wouldn't even think about it. As for me, I might (unlikely though) sell the property one day, but I'll never sell the mineral rights.