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How do you know if you own mineral rights in Arkansas?

If you have mineral rights in Arkansas, you will typically know it because you are getting a royalty check. The oil, gas or mineral royalty check will have certain information about your Arkansas mineral rights that will assist the lawyer at Arkansas Deeds to identify and prepare your Arkansas Mineral Deed.

How do I find out who owns the mineral rights to my property Arkansas?

Go to the county clerks office where property deeds are recorded. Provide the clerk with the owners information and land location in Arkansas. Request a copy of the recorded deed showing the mineral rights.

How do mineral rights work in Arkansas?

Arkansas allows the severance of the surface estate from the mineral estate by proper grant or reservation, thereby creating separate estates. 3 The mineral interest owner has the inherent right to develop the minerals and the right to lease the minerals to others for development.

How do I transfer mineral rights in WV?

After confirming your legal ownership with an attorney at law, you need to draw up a deed of transfer form in your name and register it with the county records office as the mineral owner. The land transaction, leasing transaction, and royalty compliance go through the county office.

How long do mineral rights last in Arkansas?

A common industry standard for primary term is three to five years, although depending on circumstances, terms of less than three years are not uncommon. This window of time is intended to allow a Lessee to explore for mineral resources before the leased mineral rights transfer back to the mineral owner.

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Who buys mineral rights in Arkansas?

Today, around one-third of Arkansass counties produce natural gas, and with new innovations like hydraulic fracturing, that number is steadily climbing. If youre looking to sell your mineral rights in Arkansas, Royalty Clearinghouse is an expert in acquisitions of oil and gas in the state.

How do you handle inherited mineral rights?

The first step in claiming your inherited mineral rights is to find the deed or title to the property. This document will outline who owns the mineral rights and how you can transfer them. Once you have the deed or title, you must contact the appropriate state agency to make a claim.

How do I transfer mineral rights in Arkansas?

If you own mineral rights, and want to avoid probate in Arkansas, then an Arkansas Beneficiary Deed is a very good option. The deed can automatically transfer your Arkansas mineral rights upon your death, much like a pay on death bank account.

Can you transfer royalties?

For example, copyrights and assignment of royalties are both assets that can be transferred into your trust during life and then more easily transferred to your designated beneficiaries after your death.

What is mineral transfer?

Typically, a property conveyance (sale) transfers the rights of both the surface land and the minerals underneath until the mineral rights are sold. Mineral rights are conveyed meaning transferred to a new owner through a deed.

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