Grantor(s) convey, with limited warranty, unto the grantee all of grantor(s) mineral interest, including but not limited to oil, gas, carbon dioxide, and all other minerals in, on and under certain property described in the document.
Mississippi Oil, Gas and Mineral Deed - Individual or Two Individuals to an Individual
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Multi-State
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US-00576
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Word;
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FAQ
In Texas, if mineral rights aren't explicitly mentioned in a will, they typically pass along with the surface land unless there's a prior legal document that separates them.
If you buy land that does not include the mineral rights, it is important to know that Texas law states that the mineral lessees (oil and gas companies) have the right to manipulate the surface of your land, as much as ?reasonably necessary?, for mineral exploration or production.
Check The County Clerk's Office: You need to head over to the county clerk's office in the county where the minerals are located at.
The general rule of thumb for the value of mineral rights in Texas is 2x to 3x the lease bonus you received. For example, if you got $500/acre when you leased your property, you might expect to sell for somewhere between $1,000 to $1,500/acre if you were to sell mineral rights in Texas.
In Florida, ownership of oil, mineral, and even the airspace can be sanctioned off from the property and sold separately. Florida courts have even found that those who have mineral rights and right of entry have superior rights over landowners with surface rights.
To find information on mineral rights, you may also visit the county clerk's office in the county where the minerals are located. This office stores data, documents, and records of leases and deeds filed for mineral rights.
You should determine mineral ownership through a title search because you may or may not own the subsurface minerals under your land. Types of ownership include: Fee simple, which is absolute ownership of all surface minerals (including timber) and all subsurface minerals (oil and gas).
Finding Out Who Owns Your Mineral Rights in Texas Online Databases. County Clerk's Office. Land Title Companies. Public Land Survey System (PLSS)
