What is the procedure for transferring mineral rights to a family member?
It’s generally done with a mineral deed, though it can be done in other ways.
After completing it, file it at the county clerk’s office in the county where the minerals are located.
For a family transfer, it will cost $13 for filing, but no documentary stamps are required.
Who are you considering transferring the mineral rights to?
I know that some mineral purchase companies will convince family members to transfer to each other and then pay a nominal increase to the remaining family member for a purchase of the mineral rights.
Make sure you get reasonable value for your mineral rights.