Greetings, my name is Jay Bills and I am a landman lawyer in Oklahoma. Today, I am here to discuss fractional interest and how it can impact your property ownership. It is common for individuals to inherit property from their families without having any knowledge of the fractional interest they hold. This can make the division of interests complicated, requiring research to verify the exact amount.
Knowing your fractional interest is crucial when it comes to leasing or selling your property. The oil and gas industry has become increasingly sophisticated, and it is important to have a clear understanding of your property’s value, as well as the amount of interest you own.
Why Fractional Interest Matters
When it comes to selling or leasing your property, it is essential to know the exact amount of fractional interest you own. For example, if you own only a small percentage of interest in your property, it could make a significant impact on your potential earnings. Additionally, if you are not aware of your fractional interest, you may not receive the full value of what your property is worth.
As a landman lawyer, I can help you understand your fractional interest by conducting research and verifying the exact amount of interest you own. By doing so, you can rest assured that you are making informed decisions regarding your property.
Get in Touch for a Free Consultation
If you are unsure of your fractional interest and want to learn more about your property, please don’t hesitate to contact me at landman.lawyer. I offer a free consultation to all new clients, and I look forward to helping you.
Visit landman.lawyer to schedule your consultation with a Tulsa landman lawyer and take the first step towards understanding your fractional interest and protecting your property.