Property Ownership
In Louisiana, a 'mineral reservation' in an Act of Sale occurs when:
AThe buyer reserves the right to mine on the property
BThe seller retains mineral rights while selling the surface estate✓ Correct
CMineral rights are reserved by the government for public use
DA mineral lease is reserved for future negotiation
Explanation
A mineral reservation in a Louisiana Act of Sale occurs when the seller conveys the surface estate but expressly retains (reserves) the mineral rights. The buyer gets surface ownership while the seller keeps the right to extract minerals.
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