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Re: Re: Re: METERED well water
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Posted by john in la on May 29, 2004 at 06:22:57 from (66.157.49.113):
In Reply to: Re: Re: METERED well water posted by Stick on May 29, 2004 at 05:38:22:
Could see the owner retaining mineral rights on sold land but this would only be oil; salt; ect. Do not know but think in our area when you sell you keep rights for 7 years then they revert over. Water is in such abundant supply in our area guess no one has ever thought of getting rights to it. City water comes from Yankee rain (Mississippi River) or city wells. Lot of people with large 12" and larger wells around here. Rice; Catfish; Crawfish farmers and bottle water wells. We have more of a problem with keeping dry than finding water but I know if it keeps up they may one day deplete supply. As far as water and timber go you sell land you lose. Have seen land for sale that says $700. per acre + timber value. But this just means you give me $700 and I cut before sale or you buy all out right. Your choice. How can some one sell land with out timber rights?
I buy 100 acres from you but you keep timber rights. So what if I want to clear land in 5 years. You tell me timber is not proper size for cutting. I own land but can not use it because your timber is growing on my land. Sorry that does not make sense; or am I missing something here?
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