Mineral Partition Deed

Hello,

I was wondering if anyone can help with this dilemma:

Three brothers own property in equal undivided 1/3s, (surface and minerals) Brothers partition the property with "Mineral Partition Deed" in which two brothers grant to the other a tract in which the granting lanquage is stated like this: for purposes of effecting a partition between ourselves and _______ of the right, title, and interest in and to all the oil, gas, and other minerals in, on, and under and that may be produced from the following described tracts (tract description) - have granted, sold, and conveyed and by these presents do grant, sell, and convey unto the said _______, in fee simple, as a part of his separate property and to the sole use and benefit of his separate estate, all our interest in and to all the oil, gas, and other minerals in, on, and under and that may be produced from said tracts. Notwithstanding, anything herein to the contrary, this partition of all oil, gas, and minerals shall not take effect until the death of both ______ and ________(parents), such that the grantors and grantees shall continue to hold all such oil, gas, and other minerals in common until such time.........to have and to hold said oil, gas, and other minerals in, on, and under said land, together with all and singular the rights and appurtenances thereto in anywise belonging, with the right of ingress and egress and possession at all times for the purposes of mining, drilling, and operating for said minerals .......unto the said ______herein for themselves, their heirs........

The parents are still living, so my question is does this brother own 100% of the surface the tract? . I think he only owns 1/3 of the minerals because the parents are still living, but I'm confused because it seems as the intent of partition is so that this is his property to live on and maintain, but that he is not granted 100% mineral interest until after the death of the last parent. Is he the 1/3 surface owner or 100% surface owner?

Sandra

As written by you, all references are only to minerals and so deed would only govern mineral rights, both now and after death of parents. It seems unlikely that surface rights are changed. But this may depend on state law where property is located. You should consult a real estate lawyer in your state.

For the brothers to agree to partition of the surface so that each can do what he wants with his residual acreage is a personal choice and could be done effectively now with through a life estate agreement to protect the parents. If the minerals are in a hot area now and unleased, the long term value of the mineral income could be decimated by partitioning. If leased and producing, the life estate agreement will automatically hold the minerals together and only distribution of income by undivided interests will be changed after the death of the parents.

Short answer: In my opinion, partitioning of surface is personal and if agreed upon, good for everyone. Partitioning of minerals now may be restricted by lease but if not restricted, could be throwing future income away.