If you are planning to buy or sell land, it’s essential to know exactly which rights are included. As a landowner, you clearly control the fields, forests, ponds, buildings, and other things on the surface, but what about what’s below ground?
Before "cashing out" on wind rights, beware of the pitfalls involved with the severing of wind rights for both the landowner and the wind energy developer.
Land brokers and real estate agents, among others in Texas, have witnessed first-hand the positive economic impacts of horizontal drilling and hydraulic fracturing (fracking), which make it possible for producers to tap vast deposits of natural gas and oil trapped in tight sand and shale formations.