It depends on the individual contract unless it is Indian land. On land owned by Native Americans, the land owner gets 1% which is retained by the Federal Government and them "lost". The only exception has been the Cherokee.
It depends on the individual contract unless it is Indian land. On land owned by Native Americans, the land owner gets 1% which is retained by the Federal Government and them "lost". The only exception has been the Cherokee. References :
August 31st, 2009 at 10:04 pm
They get it all, blame the loss on Enron, and leave you holding squat.
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August 31st, 2009 at 10:41 pm
It depends on the individual contract unless it is Indian land. On land owned by Native Americans, the land owner gets 1% which is retained by the Federal Government and them "lost". The only exception has been the Cherokee.
References :
August 31st, 2009 at 11:08 pm
Has to be a contract or something regarding mineral rights to the property. So it’s either in the property deed or a contract.
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August 31st, 2009 at 11:56 pm
If you own the mineral rights, what ever percentage you own is what determines your profit from the total.
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