Property Ownership
A Wyoming ranch owner sells the surface rights to a buyer but retains the mineral rights. The buyer receives:
AFull fee simple ownership of the ranch
BSurface rights only, while the seller retains oil, gas, and mineral rights✓ Correct
CA leasehold estate in the ranch
DRights to all minerals but not the surface
Explanation
In Wyoming, surface rights and mineral rights can be severed. When a seller retains mineral rights, the buyer acquires only the surface estate.
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