Texas Abstracts

State:
Multi-State
Control #:
US-OG-778
Format:
Word; 
Rich Text
Instant download

Description

This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.

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FAQ

ABSTRACT: Land assigned a number by the General Land Office of Texas. The abstract number is unique to the county. A named survey or section can be divided into abstracts. BLOCK NAME: A subdivision of land surveyed using metes and bounds that may cross county boundaries.

The Texas Land Survey System is often measured in Spanish Customary Units. The most important of these is the vara, which, while ambiguous in the past, was legally established to be exactly 33 and 1/3 inches long in June 1919.

Land rights may have been granted by any of four different governments: Spain, Mexico, Republic of Texas and State of Texas. The early Spanish influence on the land system still prevails, with the result that Texas has a metes and bounds system instead of the more common U.S. Public Land System.

An Abstract of Title A title abstract is a complete document that is a summary of all transactions ever relating to the property in question. This includes all conveyances, easements, records, wills, grants and any judicial proceedings relating to said property.

Texas Survey System (TXSS)* The Texas Survey System (TXSS) exists because Texas does not use the Public Land Survey System (PLSS), instead instituting a similar system that is based on Spanish land grants. The state is split into 12 railroad districts, which follow county lines.

Typically, an abstract of title for a property will begin with the initial grant deed, and include all subsequent changes in ownership as well as any additional claims, including easements, encroachments, encumbrances, liens, litigations, restrictions, and tax sales.

The main difference between a title search and a title abstract is this: An abstract of title covers the property's entire history starting with the initial deed grant, but a title search typically only covers the property's history over the last few decades.

The physical item denoting a change of title is the deed. The abstract of title, on the other hand, is a document that summarizes the history of a specific parcel of property, from the transitions of title to legal activity.

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Texas Abstracts