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Oklahoma Mineral Deed Form

Oklahoma Mineral Deed Form

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Instructions and help about ok mineral deed

verifying mineral rights when I say a buyer needs to verify mineral rights this is what I mean let's say you're buying a ranch or land and the seller says that they own mineral rights well how do you verify that are you really going to go ahead and assume that that seller has mineral rights and you're good with that or it says it on the contract you shouldn't now a lot of sellers what they'll do is they'll go ahead and pull out a oil and gas addendum from the last transaction and show that the last seller transferred over 100 of the mineral rights just imagine mineral rights shares is like a pizza the slices are taken out over the years and those slices might be already eaten up and there's none left to give unless there's oil and gas activity on a property itself the only way you're going to verify if there's any shares left is going to the courthouse and tracking the deed of custody throughout the years n

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