Arkansas Mineral Deed with Quitclaim Covenants Overview

Arkansas Mineral Deed with Quitclaim Covenants Image
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An Arkansas Mineral Quitclaim Deed (A.C.A. 14-15-402, 14-15-404) transfers oil, gas, and mineral rights from the grantor to the grantee. It is NOT A LEASE but a permanent ownership transfer.

Transfer and Rights: This deed includes oil, gas, and other minerals, with the grantor specifying the percentage of rights transferred to the grantee.

Access and Use: The grantee gains rights for mining, drilling, exploring, and developing the minerals, including their storage and transportation.

No Title Warranty: The grantor transfers rights without any title warranty (A.C.A. 18-12-104).

Uses: Mineral deeds with quitclaim are often used in situations where the grantor wants to quickly release any interest they might have in mineral rights, such as in settling estates, resolving disputes, clearing up uncertainties about ownership in a title's history or when mineral rights have previously been severed or fragmented from surface rights and cloud a title, making it difficult to transfer property. Resolution often involves the holder(s) of the mineral rights, quit-claiming any rights he/she/they have or might have in the subject property.

Legal Requirements: The deed requires specific content and execution before two disinterested witnesses, one of whom may be the notary (A.C.A. 18-12-104).

Recording: Must follow formatting requirements (A.C.A. 14-15-402) and be recorded promptly to establish public notice.

(Arkansas Mineral Deed with Quitclaim Package includes form, guidelines, and completed example)

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