Revised mineral addendum now available on zipForm
03/02/2015 | Author: Editorial Staff
The revised Addendum for Reservation of Oil, Gas, and Other Minerals (TAR 1905; TREC 44-2) is available on zipForm. This form became mandatory March 1, and is required when the seller is reserving mineral interests and using the One to Four Family Residential Contract (Resale) (TAR 1601; TREC 20-12) or other residential contracts promulgated by TREC.
It is optional to use this addendum with the Farm and Ranch Contract (TAR 1701; TREC 25-10), as a lawyer can draft an addendum for use with that contract if the seller is reserving mineral interests.
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