A mineral deed conveys a seperate estate in minerals in Arkansas. You should use a mineral deed when you wish to deed away the mineral rights to property but not the surface rights. An Arkansas mineral deed is also used to transfer existing mineral rights among mineral owners. Suppose you wish to transfer your Arkansas oil and gas royalties to your children but not your vacation that sits on the same property. You need an Arkansas mineral deed to do this. The same is true if you simply own oil and gas royalties with no surface rights.
In most cases, an Arkansas Mineral Deed costs $300 to prepare, and $15 for the first page and $5 for each additional page in recording costs. For a typical mineral deed, the total cost is $320 (a $300 lawyer fee and $20 in recording fees). Your Arkansas mineral deed will be prepared and recorded by a licensed attorney in Arkansas. Mineral deeds in Arkansas can be very tricky and sometimes complicated. The attorney at Arkansas Deeds has thousands of hours of experience as an Arkansas Oil and Gas Lawyer.
If you have mineral rights in Arkansas, you will typically know it because you are getting a royalty check. The oil, gas or mineral royalty check will have certain information about your Arkansas mineral rights that will assist the lawyer at Arkansas Deeds to identify and prepare your Arkansas Mineral Deed. You may also have a copy of your Arkansas mineral lease or Arkansas oil and gas lease. Provide your Arkansas deed lawyer a copy of your royalty check stub and/or your mineral lease. If you don’t have this information, the attorney at Arkansas Deeds can obtain it for you.
Mineral deeds are usually not given with a Warranty of Title. This is because it is so difficult to obtain information on Arkansas mineral titles. Recording the mineral deed does not automatically transfer oil and gas or mineral royalty payments to the new owner. The recorded deed must be presented to the oil and gas royalty payor to effect a transfer the interest. For a nominal additional charge, the attorney at Arkansas Deeds will present your claim to the oil, gas or mineral payor.
Responsible attorney: J. Mark Robinette Jr. Primary office in Little Rock, Arkansas