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Mineral Deed - Trust to Three Individuals - Oklahoma 2025

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The document is a legal form for an Oklahoma Mineral Deed, which facilitates the transfer of mineral rights from a trust to three individuals as joint tenants. It includes instructions for completing the form, a disclaimer regarding its use and legal implications, and outlines the rights granted to the grantees concerning oil, gas, and other minerals on specified land. The document emphasizes that it is provided without warranty and advises consulting an attorney for serious legal issues.

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What happens to mineral rights when someone dies?

Transferring mineral rights constitutes a real property transaction, and as such, requires a deed be recorded in the county where the property lies that outlines the types of mineral rights to be transferred and to whom.

How to transfer ownership of mineral rights in Oklahoma?

Transferring Ownership in Oklahoma The proper way to transfer title is by deed or court order (including probate). However, mineral owners often use an Affidavit of Heirship (AOH), which allows the next generation to get into pay status with the operator, but can cause problems down the road when its time to sell.

How do you put mineral rights into a trust?

Into a Trust Mineral rights must be deeded or otherwise conveyed to the trust in order to be transferred into the trust.

Who usually owns mineral rights?

Mineral interests can be owned by private landowners, private companies, or federal, state or local governments. Sorting these rights are a large part of mineral exploration.

How much are mineral rights worth in Oklahoma?

For non-producing properties, the Mineral Rights Value in Oklahoma could be anywhere from a few hundred dollars per acre to $5,000+/acre. It really depends on which county your property is located in.

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Can mineral rights be transferred to a trust?

Mineral rights may be transferred into a trust for ongoing management and future distribution as part of ones estate planning. Oftentimes, a person owns only a very small fraction or fragment of the total mineral rights associated with real property.

Mineral Deed - Trust to Three Individuals - Oklahoma 2025

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What happens to mineral rights when someone dies?

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Can mineral rights be transferred to a trust?

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