Property Ownership
Pennsylvania's Coal Mine Subsidence and Land Conservation Act requires purchasers of property over certain coal seams to be notified of:
AThe mineral rights owner's name only
BThe potential for mine subsidence and the availability of subsidence insurance through MSHA✓ Correct
CActive drilling operations within 1 mile
DThe date the coal company last mined the area
Explanation
The Bituminous Mine Subsidence and Land Conservation Act requires notification to property buyers about potential mine subsidence in areas with underground bituminous coal mining. The notification must include information about the availability of mine subsidence insurance through the Pennsylvania Mines and Minerals Division.
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Key Terms to Know
Deed
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EasementA non-possessory right to use another person's land for a specific purpose.
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
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