# Sell non-producing rights to family member

**URL:** https://www.mineralrightsforum.com/t/sell-non-producing-rights-to-family-member/68671
**Category:** Oklahoma Mineral Rights
**Created:** [November 14, 2022, 6:49pm UTC](https://www.mineralrightsforum.com/t/sell-non-producing-rights-to-family-member/68671 "2022-11-14T18:49:41Z")
**Posts on this page:** 6
**Page:** 1

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### Author: ![retiree2020](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/f9ae1b/32.png) [@retiree2020](https://www.mineralrightsforum.com/u/retiree2020)
#### Post date: [November 14, 2022, 6:49pm UTC](https://www.mineralrightsforum.com/t/sell-non-producing-rights-to-family-member/68671/1 "2022-11-14T18:49:41Z")

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Wanting to keep non-producing mineral rights in the family for emotional reasons. Looking to purchase from my mother and need to know fair market value. Anyone know how to get the Carter County and Stephens County mineral rights appraised?

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### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [November 14, 2022, 6:55pm UTC](https://www.mineralrightsforum.com/t/sell-non-producing-rights-to-family-member/68671/2 "2022-11-14T18:55:37Z")

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You can get an engineer to appraise the areas. Several are listed in the Directories tab above. It might be wiser to consult an attorney to have your mom pass the minerals to you in her will. That may have more favorable tax consequences both for the estate and for you in the long run.

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### Author: ![BillionaireOil](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/b/91b2a8/32.png) [@BillionaireOil](https://www.mineralrightsforum.com/u/BillionaireOil)
#### Post date: [November 15, 2022, 7:30pm UTC](https://www.mineralrightsforum.com/t/sell-non-producing-rights-to-family-member/68671/3 "2022-11-15T19:30:26Z")

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If you can provide the Section, Township, and Range where this acreage is located, I would be more than happy to look up recent transactions.

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### Author: ![retiree2020](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/f9ae1b/32.png) [@retiree2020](https://www.mineralrightsforum.com/u/retiree2020)
#### Post date: [November 16, 2022, 1:46pm UTC](https://www.mineralrightsforum.com/t/sell-non-producing-rights-to-family-member/68671/4 "2022-11-16T13:46:00Z")

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Thank you! I’m looking to purchase them from her and have engaged an appraiser. Do you know if there is a template for a purchasing agreement between family members?

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### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [November 16, 2022, 1:55pm UTC](https://www.mineralrightsforum.com/t/sell-non-producing-rights-to-family-member/68671/5 "2022-11-16T13:55:53Z")

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An attorney can draw up a proper deed or help with a will. The tax benefits may be better with a will.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [February 12, 2023, 6:50pm UTC](https://www.mineralrightsforum.com/t/sell-non-producing-rights-to-family-member/68671/6 "2023-02-12T18:50:20Z")

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