Indiana Disclaimer and Quitclaim of Interest in Mineral / Royalty Interest

State:
Multi-State
Control #:
US-OG-593
Format:
Word; 
Rich Text
Instant download

Description

This is a form of Disclaimer and Quit Claim of Interest in Mineral/Royalty Interest.

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FAQ

Mineral Rights Owner- If you are solely a mineral rights owner, you earn the royalties that come from extracting the minerals from the land in question. You do not have control over what occurs on the surface. As the mineral rights owner, you can sell, mine or produce the gas or oil below the surface.

A quick overview of the differences between mineral rights and royalty interests shows a mineral interest is a real property interest obtained by severing the minerals from the surface and a royalty interest grants an owner a portion of the production revenue generated.

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Indiana Disclaimer and Quitclaim of Interest in Mineral / Royalty Interest