Mineral Rights Forum

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I recently started receiving tax bills for the interest on the wells on my property, we bought the property 6 years ago and have never received anything as the peoperty was under a lease that was signed by the previous owner who passed away a few months before we bought it.  I called the tax accessor and was told that if the mineral interests were not mine I would not be receiving this bills and that there was nothing they could do and I should call the mineral company well I did and that could take 8 weeks and the taxes are due this month.  This is what my geed says.

Reservations from Conveyance:  None

Exceptions to conveyance and Warranty:

This conveyance is made and accepted subject to the following matters, to the extent the same are in effect at the date of this instrument, relating to the hereinabove described property:  Restrictions of record, if any: Reservations of mineral and or royalty interests of record, if any: Terms, conditions, and stipulations contained in any Oil, Gas, and Mineral Leases, if any; Easements and set backs of record, if any, and to all zoning laws, regulations and or ordinances of municipal and/or other Exceptions to Conveyance and Warranty.

We have received no royalties for this property, so my question is do you think we should pay the mineral taxes?

 

Thanks  Lori Cervantez

 

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Mineral rights is something one needs to ask about before closing, when buying property.

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