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Mineral Rights in South Louisiana: Does the 10-Year Rule Apply to You? | RE: Real Estate Podcast

June 19

25 mins

Episode Description

Mineral Rights in South Louisiana: Does the 10-Year Rule Apply to You? | RE: Real Estate Podcast

Content Type

Discussion

Primary Goal

Know whether you own the minerals beneath your land, recognize when the 10-year prescription rule applies, and ask the right questions before buying or inheriting property in South Louisiana.

Keywords

mineral rights Louisiana, South Louisiana land, mineral servitude prescription, oil and gas royalties Louisiana, Houma Thibodaux real estate, buying land Louisiana, generational wealth Louisiana, Built to Own podcast

Summary

In Louisiana, buying land doesn’t always mean buying what’s beneath it. This Built to Own episode unpacks mineral rights – the 10-year prescription rule that quietly returns or erases mineral wealth, the three types of mineral interests every landowner should recognize, and the exact questions to ask before you sign or inherit. Clint draws on nearly 30 years in oil and gas to make it practical for South Louisiana families.

Key Topics

• Surface estate vs. mineral estate – why your deed may not include the minerals

• How mineral rights separate from the surface and stay that way for generations

• The 10-year mineral servitude prescription rule (Louisiana Mineral Code, Title 31)

• Royalty interest, working interest, and overriding royalty interest in plain English

• Family A vs. Family B: same 40-acre tract, $200K–$400K different generational outcome

• Homework: questions to ask a seller, title company, and landman before closing

Title Options

• Louisiana Mineral Rights: The 10-Year Rule South LA Buyers Miss | RE: Real Estate Podcast

• Mineral Rights vs Surface Rights in South Louisiana Explained | RE: Real Estate Podcast

• Do You Own What’s Beneath Your Louisiana Land? | RE: Real Estate Podcast

Sound Bites

“The family that kept the mineral rights built generational wealth. The family that didn’t even know mineral rights existed got a one-time payment while royalties flowed somewhere else for the next 30 years.”

“If you’re buying or inheriting land in this region and you’re not asking about minerals, you’re potentially leaving generational wealth on the table.”

“The minerals may have already reverted to you. You may already own them and not know it.”

“Mineral rights are the kind of thing that gets handed down accidentally, not intentionally. The easiest fix is for one person in the family to know to ask.”

Chapters

00:00 Built To Own cold open

01:19 Welcome & why mineral rights matter in South Louisiana

04:31 Surface estate vs. mineral estate

07:49 How mineral rights separate from the surface

10:09 The 10-year mineral servitude prescription rule

12:16 Royalty, working, and overriding royalty interests

16:07 Family A vs. Family B – a 40-acre example

18:13 When minerals prescribe and revert to the surface owner

19:36 Homework: what to do before you buy or if you already own land

21:31 Wrap-up & subscribe

Resources