Posted by big jt on April 01, 2013 at 21:04:53 from (206.72.54.246):
In Reply to: Ohio oil rights posted by Cole Younger on April 01, 2013 at 18:57:30:
Yeah I have to agree with the others. Mineral rights do not go back to land owner.
My personal experience is in North Dakota. These rights have been split any different way from Sunday, but the rightful heirs still have claim to them if they want to probate the wills involved in North Dakota. If they don't go through this process the royalties go to the state of North Dakota in this case.
Your cousin is maybe thinking he can get the Lease money which Oil companies seemingly are not as picky about proof of ownership. However when Royalties start coming in he will have a tougher time laying claim to them as the Oil Companies require proper proof of ownership.
Simple version get yourself a good Ohio mineral rights attorney. Do NOT shop on price. In North Dakota I can name one attorney to Run away from at a thousand miles a hour and can recommend another. I am a trustee with a trust that was set up to gather up these rights into a more salable product which we are now trying to disolve. This whole process has cost the beneficiaries many thousands in legal fees caused by the train wreck of the original attorney.
Get a Good Attorney. If you don't have a family attorney who can recomend one maybe John T can help.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
... [Read Article]
Latest Ad:
Oliver 550 Diesel runs like a watch three point hitch pto engine gone threw about two hundred hours ago nice clean tractor
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
