FW: Mineral rights not the homeowners? DR Horton retains drilling rights under many FL homes

From: Henry M.
Sent on: Monday, November 11, 2013 9:24 PM

 

 

From: Jeanie Glass [mailto:[address removed]]
Sent: Monday, November 11,[masked]:28 AM
To: undisclosed-recipients:
Subject: Mineral rights not the homeowners? DR Horton retains drilling rights under many FL homes

BRANDON — When Mallory and Zach Sinclair were looking for their first home, they swooned over a new townhouse in the Brandon subdivision of Whispering Oaks. With well-manicured lawns, it looked fresh and untouched, with streets bearing pastoral names like Spring Flowers and Summer Clouds.

But in January, when the young parents cracked open their closing papers, they noticed an alarming clause. Their home builder had quietly signed away the rights to the land beneath their home to its own energy company. It now had free rein deep below the surface to drill, mine or explore.

Full story here:

 

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