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Texas Occupations Code - OCC § 954.001. Definitions

Current as of January 01, 2024 | Updated by Findlaw Staff

In this chapter:

(1) “Land services”:

(A) means the performance or supervision of one or more of the following activities:

(i) negotiating the acquisition or divestiture of mineral rights or rights associated with other energy sources;

(ii) negotiating business agreements or easements to provide for the exploration for or development of minerals or other energy sources;

(iii) ascertaining ownership in mineral rights or rights associated with other energy sources and related real property through the research of public and private records;

(iv) reviewing the status of title, curing title defects, providing title due diligence, and otherwise reducing title risk associated with the ownership, acquisition, or divestiture of mineral rights, property associated with minerals, or rights associated with other energy sources, excluding:

(a) administrative functions;

(b) division order functions;  and

(c) lease analyst functions;

(v) managing rights or obligations derived from ownership of interests in minerals or rights associated with other energy sources;  or

(vi) using or pooling mineral interests or rights associated with other energy sources;  and

(B) does not include determining, examining, or reviewing the status of title in connection with transactions that are primarily for:

(i) the sale, purchase, or encumbrance of the surface of the land unassociated with mineral rights or other energy sources;  or

(ii) the mortgage of real property used or intended to be used primarily for residential purposes.

(2) “Mineral” has the meaning assigned by Section 75.001, Property Code.  The term includes oil, gas, related hydrocarbons, coal, lignite, uranium, and substances classified as base, industrial, precious, or strategic minerals.

(3) “Other energy source” means a natural resource other than a mineral that is necessary to produce energy, including geothermal, hydroelectric, nuclear, solar, and wind energy.

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Cite this article: FindLaw.com - Texas Occupations Code - OCC § 954.001. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/tx/occupations-code/occ-sect-954-001/

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