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A common industry standard for primary term is three to five years, although depending on circumstances, terms of less than three years are not uncommon. This window of time is intended to allow a Lessee to explore for mineral resources before the leased mineral rights transfer back to the mineral owner. introduction - Arkansas Oil & Gas Commission aogc.state.ar.us ? owners ? Royalty_and_Sur... aogc.state.ar.us ? owners ? Royalty_and_Sur...
In the State of Arkansas when a person sells a piece of property the mineral rights automatically transfer with the surface rights, unless otherwise stated in the deed.
The amount that a spouse gets under dower and curtesy depends on whether they have children. The surviving spouse is entitled to one third of the dead spouse's real property. If there are no children, the surviving spouse is entitled to half.
The rule followed is generally known as the Strohacker Doctrine, named for the case of Missouri Pacific Railroad Co. v. Strohacker,s in which the Arkansas Supreme Court affirmed a chan- cery court decision that reservations of "coal and mineral deposits" in 1892 and 1893 deeds did not reserve the oil and gas. The Arkansas Law of Oil and Gas: Chapter III ualr.edu ? cgi ? viewcontent ualr.edu ? cgi ? viewcontent