Legal Question in Real Estate Law in Texas
Mineral Rights
I am selling some property but want to keep the mineral rights, what will I have to do. The buyer has agreed it is ok. I am giving him a cash warranty deed.
Asked on 7/20/07, 4:54 am
3 Answers from Attorneys
Cheryl Rivera Smith
The Smith Law Firm
Re: Mineral Rights
You will reserve those rights in the deed. I typically prepare such a document for $100. You should find an attorney.
Answered on 7/20/07, 9:09 am
Re: Mineral Rights
Do a deed with a reservation of mineral rights. Do NOT do this yourself!! You can get a lawyer or title company to do correctly for a few hundred dollars.
Answered on 7/20/07, 10:11 am
Bruce Turner
Bennett, Weston, & LaJone, P.C.
Re: Mineral Rights
You need to exclude mineral interest from the deed. If you need assistance come see me or call.
Answered on 7/27/07, 2:42 pm