Years ago we deeded 1/2 of our royalty interest in a Texas property to someone. Her heir recently sold her interest to a “land company” who solicits owners once the land is known to be producing. Now $200,000 is being held from us in suspense and the new “land company” is claiming 100% ownership (both our 1/2 and the 1/2 previously deeded).
They read the deed as having transferred our entire ownership. If anyone knows of a precedent to support our claim we could really use it within the next two days, or we have to give up our entire inheritance to this company.
Deed wording: ROYALTY DEED “ALL MEN BY THESE PRESENTS: THAT WE …have granted, sold, conveyed, assigned and delivered, and by these presents do GRANT, SELL, CONVEY, ASSIGN and deliver unto “Cruella” … an undivided one-half (1/2) interest in and to all of the oil, gas and other minerals in and under, and that may be produced from the following described land…”