# Thinking of selling, but there are complications

**URL:** https://www.mineralrightsforum.com/t/thinking-of-selling-but-there-are-complications/34986
**Category:** Ellis County, OK
**Created:** [October 11, 2018, 5:35pm UTC](https://www.mineralrightsforum.com/t/thinking-of-selling-but-there-are-complications/34986 "2018-10-11T17:35:32Z")
**Posts on this page:** 9
**Page:** 1

<div class="post-metadata">

### Author: ![ymart626](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/y/c5a1d2/32.png) [@ymart626](https://www.mineralrightsforum.com/u/ymart626)
#### Post date: [October 11, 2018, 5:35pm UTC](https://www.mineralrightsforum.com/t/thinking-of-selling-but-there-are-complications/34986/1 "2018-10-11T17:35:32Z")

</div>

My father inherited 1/3 of a quarter interest in 480 acres in Ellis County, Township 23 North Range 23 West, some in Section 29 & some in Section 28. We just probated their estate in Utah but we would need to do an ancillary probate to get title for these. Assuming that happens, what is the “going rate” for mineral rights in the area for a 1/4 interest of 160 acres, and would a buyer ever consider covering the cost of the probate as part of the deal?

Thank you for any thoughts, ideas, or advice!

---

<div class="post-metadata">

### 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: [October 12, 2018, 4:31pm UTC](https://www.mineralrightsforum.com/t/thinking-of-selling-but-there-are-complications/34986/4 "2018-10-12T16:31:25Z")

</div>

FYI, you are probably looking at about $4,000 for a probate in that area.

---

<div class="post-metadata">

### Author: ![Carol\_Dakan](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/c/e480ec/32.png) [@Carol\_Dakan](https://www.mineralrightsforum.com/u/Carol_Dakan)
#### Post date: [October 12, 2018, 7:08pm UTC](https://www.mineralrightsforum.com/t/thinking-of-selling-but-there-are-complications/34986/5 "2018-10-12T19:08:57Z")

</div>

I probated my mother’s will in three counties in Oklahoma a few years ago, and it was about half that amount.

---

<div class="post-metadata">

### 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: [October 12, 2018, 9:06pm UTC](https://www.mineralrightsforum.com/t/thinking-of-selling-but-there-are-complications/34986/7 "2018-10-12T21:06:18Z")

</div>

I agree that there are locations where probate is less expensive. However, it seems that in isolated rural counties the local attorneys demand more. Attorneys elsewhere must factor in travel time. Supply and demand.

---

<div class="post-metadata">

### Author: ![ymart626](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/y/c5a1d2/32.png) [@ymart626](https://www.mineralrightsforum.com/u/ymart626)
#### Post date: [October 15, 2018, 4:32pm UTC](https://www.mineralrightsforum.com/t/thinking-of-selling-but-there-are-complications/34986/10 "2018-10-15T16:32:15Z")

</div>

I put a general location in my original post.

---

<div class="post-metadata">

### Author: ![ymart626](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/y/c5a1d2/32.png) [@ymart626](https://www.mineralrightsforum.com/u/ymart626)
#### Post date: [October 15, 2018, 4:40pm UTC](https://www.mineralrightsforum.com/t/thinking-of-selling-but-there-are-complications/34986/11 "2018-10-15T16:40:36Z")

</div>

I’ve heard about this one option, Small Estate probate (is that the right terminology?), but I’m curious if it would affect any leases during that 10-year period. I understand that leases are usually fine with the Affidavit of Heirship (at least they are in Utah), and I guess it depends on the OG Company for the royalties? If I decided not to sell and hold onto them, maybe this would be an option—unless it keeps them from being leased or holds up any royalty payments. Since these are not producing any revenue, it would be difficult for some family members to come up with the $2000-$4000 needed to probate.

PS—it would be an ancillary probate since we have just completed a probate in Utah if that makes any difference in the cost.

---

<div class="post-metadata">

### 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: [October 16, 2018, 8:37pm UTC](https://www.mineralrightsforum.com/t/thinking-of-selling-but-there-are-complications/34986/12 "2018-10-16T20:37:33Z")

</div>

Sounds like there are two options:

1. Ancillary probate: If there is a Will involved and a final order admitting the will and determining heirs. If not, option 2.

2. Summary probate: Available if decedent has either a) died while residing out of state; b) has been dead more than 5 years; or c) the estate is worth $200k or less.

Either of the above are shortened timelines, limited pleadings, and cost efficient.

If raising funds upfront is an issue, some attorneys are willing to work in exchange for mineral acreage. Another option would be to sell some of the acreage to pay for the costs of probate.

---

<div class="post-metadata">

### Author: ![ymart626](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/y/c5a1d2/32.png) [@ymart626](https://www.mineralrightsforum.com/u/ymart626)
#### Post date: [October 22, 2018, 5:29pm UTC](https://www.mineralrightsforum.com/t/thinking-of-selling-but-there-are-complications/34986/13 "2018-10-22T17:29:20Z")

</div>

Thank you, everyone. I think I have enough information to go on for now to explain to family and make a decision.

---

<div class="post-metadata">

### Author: ![Kenny\_DuBose](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/kenny_dubose/32/5102_2.png) [@Kenny\_DuBose](https://www.mineralrightsforum.com/u/Kenny_DuBose)
#### Post date: [April 2, 2019, 2:58am UTC](https://www.mineralrightsforum.com/t/thinking-of-selling-but-there-are-complications/34986/14 "2019-04-02T02:58:11Z")

</div>


