US Legal Forms
Localized Forms
Washington
King
Mineral Owner's Subordination (of Rights to Make Use of Surface...

King Washington Mineral Owner's Subordination (of Rights to Make Use of Surface Estate)

Name: King Washington Mineral Owner's Subordination (of Rights to Make Use of Surface Estate)
Brand: US Legal Forms
Rating: 4.88 (240 reviews)

Category:

Oil Gas and Minerals - Agreements

State:

Multi-State

County:

King

Control #:

US-OG-1046

Format:

Instant download

Description

This form is a mineral owner's subordination of rights to make use of surface estate.

How to fill out King Washington Mineral Owner's Subordination (of Rights To Make Use Of Surface Estate)?

Creating forms, like King Mineral Owner's Subordination (of Rights to Make Use of Surface Estate), to manage your legal affairs is a tough and time-consumming process. Many situations require an attorney’s participation, which also makes this task expensive. Nevertheless, you can take your legal affairs into your own hands and manage them yourself. US Legal Forms is here to the rescue. Our website features more than 85,000 legal documents created for various scenarios and life situations. We make sure each form is compliant with the laws of each state, so you don’t have to worry about potential legal problems compliance-wise.

If you're already familiar with our website and have a subscription with US, you know how straightforward it is to get the King Mineral Owner's Subordination (of Rights to Make Use of Surface Estate) form. Simply log in to your account, download the form, and customize it to your requirements. Have you lost your form? Don’t worry. You can find it in the My Forms tab in your account - on desktop or mobile.

The onboarding flow of new customers is fairly simple! Here’s what you need to do before downloading King Mineral Owner's Subordination (of Rights to Make Use of Surface Estate):

Ensure that your document is specific to your state/county since the regulations for writing legal paperwork may vary from one state another.
Learn more about the form by previewing it or reading a brief intro. If the King Mineral Owner's Subordination (of Rights to Make Use of Surface Estate) isn’t something you were looking for, then use the header to find another one.
Log in or register an account to begin utilizing our website and download the document.
Everything looks great on your side? Click the Buy now button and choose the subscription option.
Pick the payment gateway and enter your payment details.
Your form is good to go. You can go ahead and download it.

It’s an easy task to find and purchase the needed template with US Legal Forms. Thousands of organizations and individuals are already benefiting from our extensive library. Subscribe to it now if you want to check what other advantages you can get with US Legal Forms!

Form Rating

4.88

Satisfied(240)

Form popularity

FAQ

Mineral Rights Owner- If you are solely a mineral rights owner, you earn the royalties that come from extracting the minerals from the land in question. You do not have control over what occurs on the surface. As the mineral rights owner, you can sell, mine or produce the gas or oil below the surface.

A surface use agreement, which is also sometimes referred to as a land use agreement, is an agreement between the landowner and an oil and gas company or an operator for the use of the landowner's land in the development of the oil and gas.

A use and occupancy agreement - sometimes referred to as a U&O - is a temporary agreement between the buyer and the seller that allows one party the right to use and occupy the property for a set period of time.

Transfer by deed. If you want to sell the mineral rights to another person, you can transfer them by deed. You will need to create a mineral deed and have it recorded. You should check with the county Recorder of Deeds in the county where the land is located and ask if a printed mineral deed form is available to use.

In Texas, Oklahoma, Colorado and Montana, mineral owners can own the mineral rights indefinitely and there is no way for them to passively revert to the surface owner. If a surface owner wants to own the mineral rights under their land, they must find and contact the mineral owners and offer to purchase them.

Mineral rights in Texas are the rights to mineral deposits that exist under the surface of a parcel of property. This right normally belongs to the owner of the surface estate; however, in Texas those rights can be transferred through sale or lease to a second party.

As a general rule of thumb, the value for non-producing mineral rights will nearly always be less than $1,000/acre. In most cases, the mineral rights value in Texas for non-producing minerals will be $0 to $250, but producing minerals $25,000+ per acre is not unusual.

Transfer Your Mineral Rights Transfer by deed: You can sell your mineral rights to another person or company by deed. Transfer by will: You can specify who you want to inherit your mineral rights in your will. Transfer by lease: You can lease mineral rights to a third party through a lease agreement.

Call the county where the minerals are located and ask how to transfer mineral ownership after death....They will probably require the following: Copy of the Death Certificate. Copy of the recorded will (or Affidavit of Heirship if there was no will) Probate documents. Completed W9 Form with the new owners' information.

King Washington Mineral Owner's Subordination (of Rights to Make Use of Surface Estate)

Description

Related forms

How to fill out King Washington Mineral Owner's Subordination (of Rights To Make Use Of Surface Estate)?

Show more info

Form Rating

Form popularity

FAQ

Are mineral rights royalties?

What is a surface use agreement?

What is a use agreement?

What is a surface agreement?

How do I transfer oil and gas royalties?

Do mineral rights expire in Texas?

Who owns the mineral rights to my property in Texas?

How much is an acre of mineral rights worth in Texas?

How do I transfer mineral rights in Texas?

How do you transfer mineral rights after death in Texas?

Interesting Questions

What is King Mineral Owner's Subordination (of Rights to Make Use of Surface Estate)659676?

Why would a mineral owner agree to subordination?

What rights does the surface estate owner have?

Do mineral owners lose all their rights through subordination?

What are some limitations placed on mineral owners through subordination?

Can the surface estate owner deny all mineral extraction activities?

Trusted and secure by over 3 million people of the world’s leading companies