Condo Q&A

Gas driller leases mineral rights under condo association property

Written by stephen polinsky | Mon, Mar 10, 2014 @ 12:35 PM
Living in Western Pennsylvania, Marcellus Shale Gas Drilling has become an issue with many property owners. I live in a 56 unit condo complex. Last evening, I received a memo from our management company stating that the mineral/gas rights of the property beneath our condos was leased for drilling. The condo executive board made the decision without a general membership meeting or any prior notification. The lease is already signed by one of our board members. Other than the lease amount and a promise of royalties, we have no other lease info. Is this action by the board legal? Am I now liable for any issues that come up with the driller?