# Mineral Deed terms **URL:** https://www.mineralrightsforum.com/t/mineral-deed-terms/48355 **Category:** Oil and Gas Leasing Help **Created:** [July 12, 2019, 2:51pm UTC](https://www.mineralrightsforum.com/t/mineral-deed-terms/48355 "2019-07-12T14:51:02Z") **Posts on this page:** 4 **Page:** 1
### Author: ![samson](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/b77776/32.png) [@samson](https://www.mineralrightsforum.com/u/samson) #### Post date: [July 12, 2019, 2:51pm UTC](https://www.mineralrightsforum.com/t/mineral-deed-terms/48355/1 "2019-07-12T14:51:02Z")
We have an offer to sell mineral rights in Carter County, Oklahoma. We received a Mineral Deed to sign but it states “In consideration of $10 and O.V.C.” Why not state the purchase price? ---
### Author: ![TwoShoeBeagie7](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/ecd19e/32.png) [@TwoShoeBeagie7](https://www.mineralrightsforum.com/u/TwoShoeBeagie7) #### Post date: [July 12, 2019, 4:50pm UTC](https://www.mineralrightsforum.com/t/mineral-deed-terms/48355/2 "2019-07-12T16:50:51Z")
To keep the price off the public record. ---
### Author: ![Richard\_Winblad](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/richard_winblad/32/11511_2.png) [@Richard\_Winblad](https://www.mineralrightsforum.com/u/Richard_Winblad) #### Post date: [July 12, 2019, 4:53pm UTC](https://www.mineralrightsforum.com/t/mineral-deed-terms/48355/3 "2019-07-12T16:53:14Z")
That is pro forma language. Never deliver a deed until you have an actual check. Beware of sight drafts, warranty clauses etc. ---
### Author: ![MRFAdmin\_SV](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/e0b2c6/32.png) [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV) #### Post date: [January 11, 2025, 7:26pm UTC](https://www.mineralrightsforum.com/t/mineral-deed-terms/48355/4 "2025-01-11T19:26:40Z")