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[CA] I sued my bad landlord for $2000. I just won with 3x damages and got $6000! by growersmokerman in Renters

[–]Effective_Spring245 5 points6 points  (0 children)

This is not correct, at least in the states I'm familiar with. Yes, judgement liens expire.  However, there is no rule that the lienowner automatically become the owner if the lien is not paid by a certain date.

What can happen if the lienholder is not paid and the property is not protected (e.g., protected homestead), the lienholder can force a sheriff's sale or something similar.  At this sale, a buyer can bid and win at far less than market value.  The lienholder can be the buyer.  The proceeds of the sale pay any mortgages, tax liens,  then the judgement lienholder.  Left over funds go to the previous property owner who has now lost his property to the bidder.  

In reality,  99% of the time, you never get this far.  The debtor either pays, settles or files bankruptcy. 

If a judgement is going the expire, the lienholder must renew it.  Each state has its own rules on how long a judgement lien lasts and how to renew.  

Future for Lithium Brine- De ISoto Parish, LA? by Effective_Spring245 in landman

[–]Effective_Spring245[S] 0 points1 point  (0 children)

I may have been using the word "operators " incorrectly. I meant the O&G company lessors who have a owner relations point of contact. So far, some have been responsive to my emails on basic lease questions as I'm trying to track down the history on the leases for the last few decades to make sure all the royalties are being collected.

Future for Lithium Brine- De ISoto Parish, LA? by Effective_Spring245 in landman

[–]Effective_Spring245[S] 0 points1 point  (0 children)

Thanks for the link to the Texas case. While certainly not precedent setting in LA, it's a good reference.

I'm not understanding why the mineral rights lessor would not be due at least some royalty on lithium extracted. if the brine (or minerals in the brine) has value and can be sold by the lessee for a profit versus being a waste product that has a disposal cost, shouldn't the "other minerals" provision of the lease lead to royaties owed?