Sell Your Mineral Rights to 1280 Royalties, LLC. As opposed to other countries, where the sovereign government or king, queen, shah, or sheik owns them. Mineral Rights on Property. If you wish to sell mineral rights, oil and gas royalties then call Doug at 866-609-3931 or complete our easy online form! In the USA and parts of Canada, individuals, citizens, can own mineral rights and royalty rights underlying land. A PRIMER ON MINERAL INTERESTS IN ILLINOIS REAL ESTATEby Joe Kusmierczak, ATG Law Clerk Minerals Defined The legal definition of "mineral" is broader than its scientific definition. The Illinois Supreme Court has long held that "[o]il and gas are classed as minerals, that term not being confined to metallic substances." Illinois landowners have filed a lawsuit to reclaim their mineral rights from a state that’s more interested in appeasing ideologues and keeps delaying fracking regulations. Discussions here should be specifically related to this geographic area. Over the years, we have purchased and managed mineral interests all over Illinois. Having spent a good part of my life writing land use regulations, I’ve witnessed an evolution in attitude toward regulation in general. If you own real estate, you need to understand the concept of mineral rights and how their ownership can impact your property. Illinois Mineral Rights Franklin County, IL This is the Franklin County, IL category. We purchase these interests from individuals, estates, trusts, heirs and help navigate the complicated process of identifying value and selling mineral right assets. Share your experience regarding lease bonus offers, royalty rates, drilling activity, and general oil gas related news. The right to sell mineral rights is a luxury that U.S. citizens enjoy. Poe v Ulrey, 233 Ill 56, 84 NE 46 (Ill 1908). Call 1-844-769-2548 Illinois If you're looking to sell your mineral rights in Illinois, Royalty Clearinghouse is an expert in acquisitions of oil and gas in the state.