This form is a Warranty Mineral Deed where the Grantor is an Individual and and the Grantee is a Trust. Grantor conveys and warrants the described property to the Grantee. This deed complies with all state statutory laws.
Ok Mineral Real Fort
Category:
State:
Oklahoma
Control #:
OK-041-78
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Oklahoma Warranty Mineral Deed From An Individual To A Trust?
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FAQ
?Affidavit of Heirship? ? this is sometimes a quicker way than probate to substantiate and transfer ownership of Oklahoma mineral rights when your family member dies without a will and has a small estate. State intestacy laws dictate who inherits the decedent's property.
Are mineral rights considered real property in Oklahoma? The severability and fractionalization of Oklahoma mineral rights create a rich trove of mineral rights opportunities across the state. Since mineral rights are treated as real estate in Oklahoma, these rights are considered real property.
If your relative owned minerals in his or her name alone, as opposed to owning them in a trust or business entity like an LLC, the minerals will need to be probated in Oklahoma.
Buying mineral rights in Oklahoma Find land with mineral rights for sale in Oklahoma that includes legal subsurface ownership of oil and gas minerals and other valuable rocks and resources. The 26 matching properties for sale in Oklahoma have an average listing price of $655,144 and price per acre of $6,878.
The only way to determine mineral rights ownership in Oklahoma is to do a title search at the courthouse where the property is located. To do this, you must review all deeds and other legal conveyances pertaining to the subject tract back to 1907. Mineral ownership information is not available online from any website.