How do we deal with royalty reservations that were made 100 years ago? We have been receiving all the royalties for years as has the family who owned our farm before us and they have been receiving all the royalties for over 50 years. HOwever, the royalty reservations from 100 years ago are still on the deed and title. How do we get those old reservations off?
If the reservations still apply to current date and time, they would not be removed just mentioned in the deed and title if they are ever sold or transferred to a family member. If they do not apply the reservations could be easily removed if they are ever sold or transferred to a family member. I am not a lawyer, just offering my opinion so please take this advice but see an attorney.
I am not sure if they apply to current date and time. No one even knows who these people are. Thanks, peg
State?
Ohio
Wade Caldwell said:
State?