Legal Question in Real Estate Law in Texas
lease with option to buy Tx form and mineral rights
I downloaded a form from a findlegalforms web site and have a basic question. We have the mineral rights to the property and while it only pays a small amount each month, we wish to retain the rights when we sell the property. Where on the Lease with option to buy form would I include that I will retain the mineral rights.
Asked on 8/18/07, 4:08 pm
1 Answer from Attorneys
John Pfister, Jr.
Pfister & Associates
Re: lease with option to buy Tx form and mineral rights
Reserving mineral rights in a lease to buy contract is not a "basic" question. I would strongly suggest that if this is something you really want and dont want to risk losing the mineral rights then hire an attorney to draft the contract.
Answered on 8/18/07, 11:22 pm
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