Oil and gas development is occurring in close proximity to residential development with increasing frequency, which means more headaches for landmen and title attorneys alike. A mortgage generally covers all of the mortgagor’s interest in the mortgaged property. Thus, if the mortgagor owns any mineral interest in the mortgaged property, the mortgage generally covers such mineral interest, unless the mortgage expressly provides otherwise.
This website uses cookies to improve your experience on the site. By continuing to use this site, you agree to the use of cookies. To learn more about how we use cookies, please see our Cookie Policy.