Knowledebase Tag: Minerals
- I noticed that the Texas REALTORS® has a new form about mineral clauses in contracts. Who should sign this form, and should it be attached as an addendum to the contract?
- How does a landowner determine the extent of the minerals or royalty interest he owns?
- What is a mineral?
- If the broker uses a TREC residential contract form, may the broker add a simple reservation clause with respect to the minerals in special provisions?
- What is an executive right?
- As a broker, I wrote a reservation clause in special provisions in a contract form (either a TREC residential form or a TAR commercial form) because my seller said he wanted to retain the minerals. If a complaint is filed, will TREC initiate disciplinary action against me?
