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West Virginia - Oil & Gas / Mining

机译:西维吉尼亚-石油与天然气/采矿

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Earlier this year, the West Virginia legislature enacted the Uniform Real Property Transfer on Death Act (URPTODA), W. Va. Code §§ 36-12-1 to -17, which authorizes the use of transfer on death (TOD) deeds. This marks the first major change in West Virginia conveyancing laws since the statutes relating to the creation of joint tenancy with the right of survivorship were amended in 1981. As enacted, the URPTODA will permitmineral owners to make full use of the TOD deed in the disposition of mineral ownership, since the Act makes no exception for mineral ownership, even though TOD deeds will likely further complicate questions of mineral ownership under West Virginia law.
机译:今年早些时候,西弗吉尼亚州立法机构颁布了《统一死刑不动产转让法》(URPTODA),W。Va。Code§§36-12-1至-17,该法授权使用死后转移(TOD)契约。这是自1981年修订与建立具有幸存权的联合租约有关的法规以来,西弗吉尼亚州产权转让法律的首次重大变化。根据颁布的规定,URPTODA将允许矿主在处置中充分利用TOD契据。矿产所有权,因为该法案对矿产所有权也不例外,即使TOD契约可能会使西维吉尼亚州法律对矿产所有权的问题进一步复杂化。

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