Hi!  I really don't know where to start but this seemed like a really good place :).   As background, I was called a few weeks ago by a "landman" who told me that I was heir to mineral rights in Greene County, PA.  He sent me out a lease agreement (apparently there are alot of heirs) but he was offering 1,500 per acre to all heirs.  It seems like a standard lease with 15% royalty.

I will end up getting an attorney but I have been reading that I also need a deed.  Since I am one of many heirs, can I still get a deed?  I've never paid taxes on the mineral rights (because I didn't know), does one need to pay taxes on just mineral rights that have nothing "going on"? 

I guess I just need a place to start and figure out what I need to know or what questions I should be asking both the attorney and the "landman".  Any help would be greatly appreciated!

Thanks!

Views: 560

Reply to This

Replies to This Discussion

The deed you speak of is the deed where one of your ancestors sold a piece of property and kept (severed) the mineral interest. You need to determine which relative sold the property, when they sold it, and where it is located. Get back to me when you have that information and I'll try to help you more then.

RSS

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service