Arlington Texas Oil, Gas and Mineral Deed from a Trust to an Individual.

State:
Texas
City:
Arlington
Control #:
TX-0104-78
Format:
Word; 
Rich Text
Instant download

Description

This form is a Oil, Gas and Mineral Deed where the Grantor is a Trust and the Grantee is an individual. Grantor conveys and sells the described property interest to the Grantee. This deed complies with all state statutory laws.

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  • Preview Oil, Gas and Mineral Deed from a Trust to an Individual.
  • Preview Oil, Gas and Mineral Deed from a Trust to an Individual.
  • Preview Oil, Gas and Mineral Deed from a Trust to an Individual.

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FAQ

To transfer mineral rights: The grantor's lawyer has to come up with a deed of transfer to the grantee. The grantee accepts the deed of transfer and goes on to register themselves as the new rightful owner at the office of the Colorado State land board.

You will need your lawyer to come up with a title search that would confirm the legitimacy of your benefactor owning the mineral rights. At this point, a deed of transfer would be drawn up in your name and registered with the office of state lands and investment in Wyoming.

After a divorce, mineral rights can be transferred by submitting the divorce decree and conveyances to the county (where the minerals are located) for recording. They usually go to the same agency that records titles and property deeds. The county will return the recorded original documents to the new owner.

After confirming your ownership with a lawyer, you should draw up a deed of transfer of the dormant mineral in your name and file it with your local county records office as the new mineral owner according to the state laws.

In Texas, Oklahoma, Colorado and Montana, mineral owners can own the mineral rights indefinitely and there is no way for them to passively revert to the surface owner. If a surface owner wants to own the mineral rights under their land, they must find and contact the mineral owners and offer to purchase them.

Call the county where the minerals are located and ask how to transfer mineral ownership after death....They will probably require the following: Copy of the Death Certificate. Copy of the recorded will (or Affidavit of Heirship if there was no will) Probate documents. Completed W9 Form with the new owners' information.

Mineral rights in Texas are the rights to mineral deposits that exist under the surface of a parcel of property. This right normally belongs to the owner of the surface estate; however, in Texas those rights can be transferred through sale or lease to a second party.

Like surface interests, mineral interests are passed down by inheritance. If there is a valid will, it controls who gets the property. If not, Texas laws of heirship controls.

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Arlington Texas Oil, Gas and Mineral Deed from a Trust to an Individual.