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The document is a Quitclaim Mineral Deed for the State of Oklahoma, detailing the transfer of mineral rights from two individuals (grantors) to two other individuals (grantees). It provides instructions on completing the form, explains how property can be held by multiple owners, and includes a disclaimer regarding the legal use of the forms. The deed specifies that the grantees will hold the property as tenants in common or joint tenants with right of survivorship, and outlines the rights associated with the mineral interests being conveyed.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Should I buy land with mineral rights?

Potential for Financial Gain Purchasing land with mineral rights provides the buyer with the opportunity to profit from valuable resources present on the property, such as oil, gas, or minerals. Successful extraction, usually with an experienced oil company, can result in substantial financial gains.

How much money do you get from mineral rights?

There is no such thing as comps in mineral rights due of the factors below. In a single county, the average price per acre for mineral rights could be anywhere from $250 to $10,000+/acre depending on all these factors. Each factor can play a significant role in calculating mineral rights royalties value.

What 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.

How do I find mineral deeds in Oklahoma?

Fortunately, Oklahoma County Records makes it easy to locate most mineral deeds and other title documents related to your mineral rights. Simply search the county records for your name and the names of the people from whom you inherited the mineral rights.

What is a mineral deed in Oklahoma?

An Oklahoma mineral deed is a legal document that is used to convey mineral interest in a land it may contain a warranty of title, or could just be a quitclaim deed without title warranty. This deed is prepared and executed just like any other deed.

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How do I determine the value of my mineral rights?

As a mineral rights value rule of thumb, the 3X cash flow method is often used. To calculate mineral rights value, multiply the 12-month trailing cash flow by 3. For a property with royalty rights, a 5X multiple provides a more accurate valuation (stout.com).

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What is a mineral deed in Oklahoma?

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