How many of you have had any luck in having the Lessor warranty removed from your oil and mineral lease?
Pretty common to get it removed or at least reduced to a special warranty.
Wade
What is a Special Warranty?
Thanks
Wade Caldwell said:
Pretty common to get it removed or at least reduced to a special warranty.
You only warrant you didn’t do anything to screw up the title. You are not warranting someone else didn’t.
This is on mineral rights alone. I have looked at deeds back to 1963.
I don't have anything currently in Brazos County, but in some other areas around the state. I always ask to strike the warranty clause and no company has ever had a problem with it.