# Joint Ownership of MR

**URL:** https://www.mineralrightsforum.com/t/joint-ownership-of-mr/72315
**Category:** Marion County, WV
**Created:** [September 13, 2023, 6:04pm UTC](https://www.mineralrightsforum.com/t/joint-ownership-of-mr/72315 "2023-09-13T18:04:51Z")
**Posts on this page:** 6
**Page:** 1

<div class="post-metadata">

### Author: ![Jimmeyking](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/919ad9/32.png) [@Jimmeyking](https://www.mineralrightsforum.com/u/Jimmeyking)
#### Post date: [September 13, 2023, 6:04pm UTC](https://www.mineralrightsforum.com/t/joint-ownership-of-mr/72315/1 "2023-09-13T18:04:51Z")

</div>

My grandmother willed her and my grandfather’s 25% mineral rights interest to me, my aunts, and uncle, jointly. We each have been getting solicited to sell our individual interests in that 25% collective interest. One aunt and the uncle accepted their offer without advising the other two of us. As the executor of the will, it was my determination and agreement from the rest that the 50 acres surface property and mineral rights could not be broken up as set forth by that will. The geologist/buyer indicated that the abstractor didn’t note that language but the title company would do their due diligence. From a financial standpoint and based on the previous lease agreements, it would not be a lucrative decision to sell any part of our 25% mineral rights interest.

As the overseer of the estate, and the most financially competent one in our group, what rights do the other two of us have and can the will be misinterpreted by the title company in the benefit of the company offering to buy those 1/16 rights from the other two?

Also, what’s the purchase/lease market look like per acre in the Grant Town area?

---

<div class="post-metadata">

### Author: ![Mineral\_Owner5](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/mineral_owner5/32/16262_2.png) [@Mineral\_Owner5](https://www.mineralrightsforum.com/u/Mineral_Owner5)
#### Post date: [September 14, 2023, 1:36am UTC](https://www.mineralrightsforum.com/t/joint-ownership-of-mr/72315/2 "2023-09-14T01:36:24Z")

</div>

The title company is at fault. I assume that the will was filed of record. Also, the buyer’s title is not valid.

---

<div class="post-metadata">

### Author: ![PermianResearch](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/p/ecb155/32.png) [@PermianResearch](https://www.mineralrightsforum.com/u/PermianResearch)
#### Post date: [September 14, 2023, 3:36pm UTC](https://www.mineralrightsforum.com/t/joint-ownership-of-mr/72315/3 "2023-09-14T15:36:10Z")

</div>

@Jimmeyking I’d consult with an attorney to make sure that the will is stated how you believe it to be.

We recently made an offer for $5,000 per mineral acre in that area, but factors such as well activity and exact location need to be taken into consideration.

@Mineral_Owner5 - bold claim stating the buyer’s title is not valid when you haven’t read a single instrument in this chain of title.

---

<div class="post-metadata">

### Author: ![fjonesiv](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/f/a5b964/32.png) [@fjonesiv](https://www.mineralrightsforum.com/u/fjonesiv)
#### Post date: [September 14, 2023, 7:31pm UTC](https://www.mineralrightsforum.com/t/joint-ownership-of-mr/72315/4 "2023-09-14T19:31:07Z")

</div>

> [@Mineral\_Owner5](#):
>
> Also the buyer’s title is not valid.

What’s the basis for that statement?

---

<div class="post-metadata">

### Author: ![PermianResearch](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/p/ecb155/32.png) [@PermianResearch](https://www.mineralrightsforum.com/u/PermianResearch)
#### Post date: [September 18, 2023, 5:14pm UTC](https://www.mineralrightsforum.com/t/joint-ownership-of-mr/72315/5 "2023-09-18T17:14:02Z")

</div>

There’s no basis. He makes false statements without consequence and then moves on to the next thread. Rinse and repeat.

---

<div class="post-metadata">

### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [December 12, 2023, 6:05pm UTC](https://www.mineralrightsforum.com/t/joint-ownership-of-mr/72315/6 "2023-12-12T18:05:04Z")

</div>

This topic was automatically closed after 90 days. New replies are no longer allowed.
