Selling mineral rights means permanently transferring ownership of the oil and gas beneath your land to a buyer, usually by a mineral deed, in exchange for a one-time payment. In Texas the sale is final. There is no cooling-off period, and once the deed is recorded, the minerals belong to
You found Texas land online, and the price per acre looks fair. A quick search shows nearby tracts sold for about the same. So the number feels safe, and the deal feels close to done. Here is what that price does not tell you. Two tracts can carry the same
Most Texas landowners do not actually own the oil and gas under their property. That sounds dramatic. It is also true. Somewhere in your title chain, often decades before you bought the land, the minerals were severed. They became a separate property interest with a separate owner, separate rules, and
The royalty checks stopped coming the month after the funeral. The oil company sent a letter saying payments were suspended. A family member called the operator and was told they needed “heirship documentation” before payments could resume. Someone found the term “affidavit of heirship” online and assumed that was the
You found Texas land, and a pipeline runs across one corner. The listing calls it a minor easement and moves on. So the deal still looks clean from a thousand miles away. Here is what that easement really means. A pipeline crossing your land is a permanent right that belongs
Adverse possession is one of the most misunderstood areas of Texas real estate law. It can strip ownership from a property owner who fails to act. It can also grant legal title to someone who has used and maintained land for years without ever holding a deed. Either way, the
The Right of First Refusal (ROFR) is an important legal tool in Texas real estate. It impacts property deals and ownership relationships. If you own a property, you may want to control future sales. If you are a buyer, you might want first access to a property you desire. Understanding
Property taxes in Texas are paid in arrears. That means the tax bill you pay in January covers the previous year. When a property changes hands mid-year, the taxes get split between buyer and seller based on how many days each party owned the property. At Daughtrey Law Firm, we
In the fast-paced world of Texas real estate, a Purchase and Sale Agreement (PSA) serves as the backbone of any successful property deal. Whether you are a seasoned property investor or a first-time buyer, understanding the critical dates and deadlines outlined in your PSA, along with the relevant data from
In real estate, the smallest details can have the most significant impact. One important detail that is frequently overlooked is the legal descriptions of the property. This detail can greatly affect the outcome of a transaction. This clear, written statement defines the exact boundaries of a piece of land. It ensures
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