answersLogoWhite

0

If you own an undivided one-half interest that means you own a 50% interest in the whole property. That would come into play if the mineral rights, the property, or a portion thereof was sold. For example, if the mineral rights were sold you would be legally entitled to 50% of the net profit. The buyer would be required to cut a check for that amount in your name.

User Avatar

Wiki User

9y ago

Still curious? Ask our experts.

Chat with our AI personalities

TaigaTaiga
Every great hero faces trials, and you—yes, YOU—are no exception!
Chat with Taiga
DevinDevin
I've poured enough drinks to know that people don't always want advice—they just want to talk.
Chat with Devin
ViviVivi
Your ride-or-die bestie who's seen you through every high and low.
Chat with Vivi

Add your answer:

Earn +20 pts
Q: With minerals what rights does an owner with 50 percent undivided interest have?
Write your answer...
Submit
Still have questions?
magnify glass
imp