Property Ownership
In North Dakota, which of the following rights is included in the 'bundle of rights' for mineral rights owners?
AThe right to build structures on the surface
BThe right to extract, lease, and profit from subsurface resources✓ Correct
CThe right to control surface water
DThe right to prevent drainage district operations
Explanation
Mineral rights owners in North Dakota have the right to extract, lease, and profit from subsurface oil, gas, coal, and other minerals. This bundle of rights can be conveyed, leased, or held independently of surface rights.
Related North Dakota Property Ownership Questions
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- A prescriptive easement is created by:
- When a seller retains mineral rights in a North Dakota property sale, what should a buyer do to protect their interest?
- In North Dakota, when mineral rights are severed from surface rights and the surface is sold, the buyer of the surface should be aware that:
- What is a 'conservation easement' on North Dakota agricultural land?
- In North Dakota, 'community property' rules:
- In North Dakota, an oil and gas company that damages a farmer's crops and surface land during drilling operations may be liable for:
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