July 20, 2016
For more information:
Local Farm Bureaus will host Mineral Rights: Knowing Your Rights Underground, a free seminar for those interested in learning more about the laws and regulations affecting mineral extraction.
“Although Indiana has a long history of mineral extraction, some recent developments have increased the need for landowners to carefully evaluate and understand the agreements they enter into,” said Mark Thornburg, director of INFB’s legal affairs team. “It’s particularly important for those who have ‘severed rights,’ a term that refers to situations in which the owner of the property rights for the surface of the ground is not the same as the owner of the mineral rights beneath it.”
The seminar, scheduled for Saturday, Aug. 20, from 1-3:30 p.m. CDT at the Vanderburgh County Fairgrounds 4-H Center in Evansville, will offer landowners a look at regulations, land-leasing tips and how to protect personal rights. Due diligence when purchasing real estate, laws concerning severed minerals, forced leasing/development and mineral lapse in Indiana will also be covered. Farm Bureau staff will explain the organization’s policies on mineral rights.
The program focuses on the interests of landowners; however, attorneys who represent landowners may find the information beneficial.
No registration is required and there is no cost to attend.
The program is sponsored by Gibson, Posey and Vanderburgh County Farm Bureaus and Indiana Farm Bureau.
For more information, contact Maria Spellman at 317-692-7840.