By David Saks, Broker / Industry Analyst
#2912 When a buyer purchases a parcel of land and turns around and negotiates the sale of the oil rights to a petroleum refinery or mineral rights to a mining group what kind of right is the buyer rescinding to the buyer of the mineral or petroleum company ? Take your time. The solution is posted below the wildlife photograph. Subsurface rights. The buyer has given up the rights to the natural resources lying below the surface of the land in the sale negotiation.