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Mineral Rights 101


by: W. Paul Lewis, Title Counsel

Hydraulic Fracturing, or “fracking,” has been a hot topic the last several years, yet many transactional real estate lawyers may have only a vague sense of the law in the area of mineral rights. Real estate attorneys may be forced to learn more about mineral ownership and the contractual and regulatory issues associated with mineral extraction. A review of some basic law concerning the mineral estate is helpful prior to the possible introduction of a new fracking industry in North Carolina. Should you find yourself representing a party to an oil and gas lease or conveyance, your first issue will be fee simple ownership.

Just about every article or discussion on mineral rights begins with the statement that a fee simple estate includes everything within the property's boundaries going up to the heavens and down to the center of the earth. Minerals are part of the land and any conveyance of the land without a reservation conveys those minerals that are still in place.

 

New Lien Law – Access to our LiensNC.com job aid and Lien Waivers


Attorneys Title hosted seminars throughout March of 2013 across the state to help explain changes to North Carolina's mechanic's lien law. These seminars provided a summary of the statutory changes, a preview of the new online lien agent system - LiensNC.com, and reviewed the revised and new lien waiver forms.

For an electronic copy of the manuscript which contains a LiensNC.com job aid, click HERE.

To be directed to revised and new lien waiver forms click HERE.

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Attorneys Title has been providing title insurance services to North Carolina real property attorneys for over thirty years.  We are long-standing supporters of the approved-attorney system and have continually provided  the best customer service in the industry.  With offices located throughout North Carolina and one of the most experienced legal teams in the business today, we are well-equipped to continue that proud tradition.  

We are agents for First American, Commonwealth Land Title Insurance Company, and Chicago Title Insurance Company. We have chosen to work only with those underwriters who have proved to have the financial strength you and your clients need in this economic environment. We maintain a library of over one million prior polices from First American, Commonwealth, Fidelity and Chicago Title and we are easily your best source and choice for information. 

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MyTitleLab is a personalized, unique title insurance resource designed by Attorneys for Attorneys and their staff.  MyTitleLab was designed from the beginning to be both flexible and intuitive.  Features include prior policy searching and rate calcuations too.  Visit MTLColorLogo.gif today or contact your local Attorneys Title office for a demo!