Full question:
I want to transfer mineral rights which I inherited over to my aunt. This is in Jack County, Texas. It involves two properties which have been divided up into small pieces and given to many family memebers. Do I use a Quitclaim or an Oil, Gas, and Mineral deed?
- Category: Oil Gas and Minerals
- Date:
- State: Texas
Answer:
You can use a mineral deed, warranty deed for mineral interests, or a quitclaim deed to transfer mineral rights separately from the property. The type of deed you choose may depend on whether there are royalties involved.
There are two main types of deeds: a warranty deed and a quitclaim deed. A warranty deed guarantees that the grantor owns the title, while a quitclaim deed transfers only the interest that the grantor actually has, without any warranties. This means the buyer assumes the risk of any existing claims or issues related to the property.
A quitclaim deed does not provide any guarantees, so the buyer takes the property subject to any existing taxes, assessments, liens, encumbrances, or other recorded claims. If you want to ensure that your aunt has clear ownership, consider using a mineral deed or warranty deed. Users can search for state-specific legal templates at .
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.