Asked by Rebecca Lovato on Jul 20, 2024
Verified
Gaye owns the surface rights for High Desert Ranch, which includes a house, a bunkhouse, and two barns. Industrial Mining Inc. owns the subsurface rights. When the company drills for and extracts the oil beneath the ranch, the surface subsides and the structures collapse. Most likely responsible for the damage is
A) Industrial Mining.
B) Gaye.
C) Industrial Mining and Gaye in proportion to the value of their rights.
D) no one.
Subsurface Rights
Legal rights to the minerals, oil, gas, and other resources located below the surface of a piece of property.
Surface Subsides
The phenomenon of ground levels sinking or settling, which can result from natural processes or human activities such as mining or excessive groundwater extraction.
- Acquire knowledge about the tenets and ramifications of property rights and their breaches.
- Define the legal liabilities following the transferal of property interests and the initiation of leases.
Verified Answer
BR
Bailey RobinsonJul 25, 2024
Final Answer :
A
Explanation :
Industrial Mining Inc. is most likely responsible for the damage because their actions of drilling for and extracting oil directly caused the surface to subside and the structures to collapse.
Learning Objectives
- Acquire knowledge about the tenets and ramifications of property rights and their breaches.
- Define the legal liabilities following the transferal of property interests and the initiation of leases.
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