I sent in a question and have never gotten an answer. I puschased land over ten years ago and in Louisiana minerals convert back to buyer after 10 years. If within the last 5 yrs the original land owner leased the minerals how long do I have to wait to get them back now?
State/Country relating to question: Louisiana
The rights revert to the buyer if they are not used after 10 years, but if you make use of those mineral rights and there is actual work being done on extracting those minerals, then you would have to wait as long as they are being actively used and you may never get the rights reverted to you as long as there is continued use of the rights by the seller.
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The owner has leased the minerals and until there is no longer production I am unable to get the rights no matter how long??? When production stops how long do I have to wait? All my question pertain to north East,Louisiana. TY. The original land owner has died. Now that is has been ten years can his spouse lease to a different oil company
I am an attorney licensed in LA and was answering you based on LA law. I am afraid that as long as the mineral rights are being exercised they would not revert and they are something that would be heritable to his heirs who can indeed change the lease. The mineral rights would have to remain dormant and unused for the 10 year prescription period. Once they are used the 10 year prescription resets. Thus, it is possible you would never have them reverted to you as long as they are being used.
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