140k views
2 votes
A specialist in negotiating purchase or lease contracts with land or mineral interest owners is

a) Landman
b) Property Appraiser
c) Title Examiner
d) Real Estate Attorney

1 Answer

2 votes

Final answer:

A specialist in negotiating purchase or lease contracts with land or mineral interest owners is a Landman. This professional works primarily within the oil and gas industry, conducting research and negotiations related to mineral rights ownership and leasing agreements.

Step-by-step explanation:

A specialist in negotiating purchase or lease contracts with land or mineral interest owners is known as a Landman. The role of a Landman is essential in the oil and gas industry where they serve as negotiators and researchers to confirm the ownership of mineral rights. They collaborate with landowners and companies to agree on terms for drilling, mining, and production rights. It requires a deep understanding of property laws, negotiation skills, and knowledge of geology and engineering concepts related to the industry.

Other options such as Property Appraiser, Title Examiner, and Real Estate Attorney also work within the realm of real estate and property management but have distinct functions. A Property Appraiser assesses the value of a property for tax purposes or before a sale. A Title Examiner investigates real estate documents to determine the legal status of a property. A Real Estate Attorney specializes in the legal aspects of buying, selling, and managing property.

User Will Sumekar
by
8.3k points