Hello guys, I want to start our mineral rights lease and I have a declaration of descendancy only. Is it possible?
You’re getting real technical and I think any qualified parties will need more information. Why would you need a declaratory judgment unless you are worried about future lawsuits?
Are you trying to get land in your name that was once owned by someone else? My understanding of a declaratory judgment is that it is akin to “quiet title.” I’m far from a legal expert, but if you have enough land at stake it will be worth the legal costs to make sure you have your ducks in a row before signing.
Lawyers aren’t usually the best negotiators nor do they usually know the oil & gas business very well, but they know the legal jargon and can most definitely help in instances like this.