Gas Drilling on your neighborhood under contract by "THE CAFFEY GROUP LLC.COMPASS BANK"?...
Section 26.01 of TEXAS BUSINESS AND COMMERCE code and section 5.021 of the Texas Prosperity. code
Once bolth parties sign the contract a MERGER DOCTRINE whitch provides That the deed is the FINAL EXPRESSION of the parties inbolve ,agrenment and supersedes include to sale contract earnest money contract. ..everything that have to do with a contract agreement sign by two parties goes under MERGER DOCTRINE
It should be an agreement from bolth parties to find a remedy even if the date on contract is later than 4 years subsequently to the deliver of the deed..
Acording to STATUS OF LIMITATIONS FROM TEXAS CIVIL PRACTICES AND REMEDIES CODE SECTION 16.051
Here are your rights since Lone Star fail to pay you the profit from mineral extracted under your PROPERTY
In another words watever is sign under contract it has a remedy since the doctrine asure the agreement of bolth parties
ReplyDeleteSo if they promise to pay THEY HAVE TO PAY...regarles date or sale of contract