When it is Better to Sell Mineral Rights in Texas

When it is Better to Sell Mineral Rights in Texas

Feb 23

Unlike most residents in other states, many landowners in Texas know about mineral rights; the rich oil and natural gas deposits in the area has made that inevitable. They are also aware that they have the option to sell minerals rights or lease them. What they may not be sure of is whether they should sell or lease.

Selling mineral rights is pretty much like selling any kind of real property. Once you sign the deed of sale, it passes out of your hands. This is not necessarily a bad thing; you get a hefty chunk of change and you don’t have to think about doing anything about your mineral rights anymore. On the other hand, you may regret your decision because you may have been sitting on a fortune once the mining starts.

You could lease it out instead, and hope that the developer hits pay dirt and you would be entitled to royalties (make sure your lease agreement is looked over by a mineral rights lawyer!). The upside of this is that whether your developer acts on the lease or not, you get a monthly payment per acre. The downside is you will not have to option to sell until after the lease expires, which can be a problem when you need the money fast.

If you live in an area that is known to have good sub-surface minerals, then you can probably get a very good price for either selling or leasing. If you are considering a sale, make sure that you do your research and open it up to many interested parties so that you can bid them up. You could list your mineral rights with a mineral rights auction house to get the best deal.

On the other hand, there is no certainty about the value of your mineral rights, you may want to consider leasing them first. You can always decide to sell later when you have more leverage. It is important to note, though, that a drop in the demand for specific minerals can pull down the value of your mineral rights. It is best to lock in a good offer as soon as possible, whether selling or leasing.

What Can You Do About A Heart Defect?

What Can You Do About A Heart Defect?

Feb 02

It can be one of the hardest things in the world to have to deal with – living with a defective heart. Unlike your tonsils or appendix, you cannot proceed with your daily life as regularly as you might like if you have a faulty heart. In fact – you can live the rest of your entire life without your tonsils or your appendix. Should your heart, however, not function the way it should – it will have very real, tangible consequences upon your daily life for the rest of your life.

An example of which is congenital heart defect, otherwise known as congenital heart anomaly. This kind of defect can create heart murmurs, therefore giving the person an irregular or abnormal blood flow. Many birth defect-related deaths are due to a defective, or otherwise malfunctioning, heart. Sometimes, this affliction cannot be helped due to genetics. However, according to the website of Williams Kherkher, there are some cases when this kind of defect (among others) is due to exposure to a drug commercially known as Zofran.

Zofran, also called ondansetron, is a pharmaceutical drug that is often used to treat nausea in some patients. Some side effects can include constipation, fatigue, lethargy, and migraines, among others. It differs from person to person. This drug is usually prescribed to patients with cancer as they are being treated by chemotherapy or via radiation, wherein nausea is a common side effect. Pregnant women also suffer this kind of temporary, but dangerous, affliction during the course of their pregnancy (also known as “morning sickness”). There are some currently on-going studies that link certain cases of birth defects, inclusive of congenital heart defect and cleft lip and palate, with the fetus’ exposure to Zofran during the early stages of development while still in the womb.

If you or someone you know has been a victim of a similar circumstance, it is best for legal aid to be sought in order to know what rights you are given in a court of law with regard to your current predicament.