Texas Property Code

§ 5.152 — CERTAIN PURCHASES OF MINERAL OR ROYALTY INTERESTS VOID

PR § 5.152Title 2. CONVEYANCES · Ch. 5. CONVEYANCES · Art. F. REQUIREMENTS FOR CONVEYANCES OF MINERAL OR ROYALTY INTERESTS

Statute text

View on source

(a)This section applies only to the conveyance of a mineral or royalty interest by an instrument that:

(1)is presented to the owner of the interest by the person acquiring the interest;

(2)is titled an oil and gas lease or an oil and gas royalty lease or has other words in the caption or other prominently displayed label that indicate that the transaction is a lease of a mineral or royalty interest; and

(3)has the effect of conveying, permanently or for a term, all or a portion of the owner's:

(A)mineral interest in lands covered by an existing oil, gas, or mineral lease; or

(B)royalty interest in production from an existing oil, gas, or mineral lease.

…

Legislative history

Added by Acts 2019, 86th Leg., R.S., Ch. 914 (H.B. 3838), Sec. 1, eff. September 1, 2019.