Hello guys, first time poster hoping to get a couple of answers from you experienced folks. So the story is my great grandmother sold a house in Long Beach California (Los Angeles County) a long time ago, but retained the mineral rights. That deed got transferred over to my grandmother, and she is now looking to give me full ownership. I'm wondering what the best way to go about this is? Can this be done by filing a quitclaim with L.A. County?
Also, will there be any tax related issues that I would have to take into consideration? The last thing I want is to get hit hard with taxes and end up having to sell the deed, lol.
I appreciate any insight I can get on this. Thank you for your time!