10 years ago
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U.S. builders hoard mineral rights under new homes
Robert and Julie Davidson fell hard for the gleaming new house at the Valencia Golf and Country Club in Naples, Florida. They loved the way the palm-fringed, Spanish-style home
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For the vast majority of homeowners, who owns the mineral rights will never be an issue. Most communities have abstracts that ban mining, drilling, or any commercial use, just as cities have zoning laws. It always is a good idea to inquire about one's mineral rights, and should be of importance equal to the source/availability of water on a rural property purchase.