Question
Mike held title to Blackacre including all mines and minerals, except coal. In 2007,Mike agreed to sell Blackacre to Fielding. No mention was made of
Mike held title to Blackacre including all mines and minerals, except coal. In 2007,Mike agreed to sell Blackacre to Fielding. No mention was made of minerals in the transfer. In late 2013, Fielding purported to grant to Mavericks Gravel Co., "exclusive possession of [a designated portion of Blackacre]" for a period of 25 years, as well as a the right to drill for and excavate "gravel, peat, sand, and granite on or under" a different but adjacent part of Blackacre.In addition, in a separate clause Mavericks was granted, and agreed to pay for, a right of access over the surface.
Fully describe all aspects of the state of the title to Blackacre, and the nature and extent of all of the other property interests, including the physical extent of the rights held by Mavericks. Using your material in the link: https://www.lawsociety.bc.ca/Website/media/Shared/docs/becoming/material/RealEstate.pdf as well as external research related to the legal issues within this problem question, categorize and describe as thoroughly as possible all of the rights held, granted, or purportedly granted.
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