A deed is permanent. A mineral lease may have an expiration date.
Only by the death of the life estate holder or by their release of the life estate by deed to the fee owners.
It's best to search the deed records to determine the legal description of the mineral interest. You do that by going to the county of the mineral interest and search the index by the owner's name. Use that legal description to insert into a mineral deed, have it signed before a notary public, and record it in the deed records of the relevant county. in addition: "By conveying the mineral rights over by means of a mineral deed or quit claim deed and then file it with the county clerk or recorder in which the tract or tracts lay. A mineral deed or quit claim deed can be purchased for very little cost online or at a office supply store"
A mineral rights conveyance involves the minerals below the surface of the land, not the surface land itself.
No. Once the first mortgage or deed of trust is foreclosed, the second mortgage and any inferior liens are voided.
Read the deed to the property. Unless mineral rights are excluded, you have them.
Yes. If a court later decides an individual was under diminished capacity when they signed a deed the conveyance will be voided.
In your deed you add the following phrase Grantor reserves all mineral interest or excepting all mineral interest
Depends on how it is written in the deed or if you are referring to a deed at all, are you referring to a trust?
Unless it is stated in the deed that the mineral rights are reserved in some manner then any mineral rights not previously reserved pass to the grantee. If you have any questions about mineral rights or you have mineral rights for sale please contact me and I will be glad to help. I have been a buyer of minerals or mineral rights for many years. See my bio page.
You can sell the land and reserve the mineral rights. The wording of the deed has to specify it.
Yes, you are giving up any claim. In Louisiana, you MUST state a mineral reservation or it does not exist.It is possible to reserve the mineral rights when using a quitclaim deed to convey property, but you must expressively reserve the mineral rights in the conveying deed.louisiana.ning.com