Transfer of interest

Melissa, I inherited mineral rights in the same area in 2001. I did not have to have an appraisal to begin to receive royalties, just had to have the proper paperwork filed in Los Angeles to deed them over to me. It makes no sense to have an appraisal for receiving royalties that are contractually documented as that contract binds the producer on what they must pay and that they can deduct. I suggest you speak with an attorney concerning Warren’s claims, a single consultation will not be expensive, but is always best to verify what monies are at stake first.