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

Mineral Rights in South Louisiana: Does the 10-Year Rule Apply to You? | RE: Real Estate Podcast Content TypeDiscussionPrimary GoalKnow 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.Keywordsmineral 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 podcastSummaryIn 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 PodcastSound 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.”Chapters00:00  Built To Own cold open01:19  Welcome & why mineral rights matter in South Louisiana04:31  Surface estate vs. mineral estate07:49  How mineral rights separate from the surface10:09  The 10-year mineral servitude prescription rule12:16  Royalty, working, and overriding royalty interests16:07  Family A vs. Family B – a 40-acre example18:13  When minerals prescribe and revert to the surface owner19:36  Homework: what to do before you buy or if you already own land21:31  Wrap-up & subscribeResourcesLouisiana Mineral Code, Title 31: legis.la.gov – Title 31Louisiana State Bar Association – Find an Oil & Gas Attorney: lsba.orgLouisiana Office of Conservation (DNR): dnr.louisiana.gov Show LinksWebsite: rerealestatepodcast.comYouTube: youtube.com/@REREALESTATEPODCASTFacebook: facebook.com/rerealestatepodcastInstagram: instagram.com/rerealestatepodcastTikTok: tiktok.com/@rerealestatepodcastFind every episode at rerealestatepodcast.com – subscribe wherever you get your podcasts. HostsBen HarangREALTOR® | Keller Williams Realty Bayou PartnersLa. License #: 36589Mobile: 985.859.2500 | Office: [email protected] | benharang.com Clint C. GallianoREALTOR® | Keller Williams Realty Bayou PartnersLa. License #: 995704723Mobile: 985.647.4479 | SMS Hotline: (985) 200-5447Office: [email protected] | SoLahomegroup.com Produced by: Clint Galliano | Music by: Wiggins StudiosClick here to view the episode transcript. Click here to watch a video of this episode.