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Old 02-01-2009, 12:56 PM   #57
alexamenos
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Quote:
Originally Posted by dalmations202 View Post
I have to have mineral rights in order to get a royalty check. If no royalty check coming in -- then they cost nothing -- unlike the landowner who is taxed every year.
If you own mineral rights but don't have any production coming in, then odds are the value of your mineral rights is pretty close to zero....close enough that the cost to appraise and assess non-producing mineral rights across a county would probably exceed the amount of tax generated off of said rights.
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