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Is a royalty interest a mineral interest?

A quick overview of the differences between mineral rights and royalty interests shows a mineral interest is a real property interest obtained by severing the minerals from the surface and a royalty interest grants an owner a portion of the production revenue generated.

Which type of deed warranty is most limited?

A special warranty deed guarantees two things: The grantor owns, and can sell, the property; and the property incurred no encumbrances during his ownership. A special warranty deed is more limited than the more common general warranty deed, which covers the entire history of the property.

What is the difference between a royalty deed and a mineral deed?

Mineral rights deeds are not the same as royalty deeds. Royalty deeds do not allow for surface access, or for the initiation of the extraction and sale of minerals. A royalty owner will only benefit economically if the mineral owner decides to produce and sell the minerals.

Do mineral rights ever expire?

Even if mineral rights have been previously sold on your property, they could be expired. There is no one answer to how long mineral rights may last. Each mineral rights agreement will have different terms. A mineral rights agreement may range from a few to 20 years.

How do mineral rights work in Texas?

An owner may receive royalty checks from producing mineral rights, most often from oil and gas companies in Texas. Non-producing mineral rights tend to be of less value. A fee simple deed conveys complete ownership of the property, meaning that the owner has both surface rights and mineral rights.

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