I am trying to settle title requirements for mineral rights inherited in Lea Co, NM. Does anyone know about the average costs and time frame we are looking at? I am not from the area either.
unfortunately, this question can’t be answered without a lot of additional facts. Its a little like my car won’t run. How much will it cost to fix? depends on what is wrong with it. A quiet title suit may be as a result of somebody who died and had a confusing estate. It could also be necessary because of 70 years of deeds and ambiguous granting clauses or descriptions. We would need to know a lot more.
I inherited mineral rights in Lea County from my Grandmother. She inherited these from my grandfather, he inherited these in1940. Grandmother did not do probate when grandfather passed. Probate was done in TX when grandmother passed. I live out of state. We had to do ancillary probate for both him and my grandmother in NM. There were 6 heirs involved, that drove up the legal costs. This took about 6 months and cost ~7500$.