QUESTION
Is it by law that next heir have to go by that old lease?
Asked on Oct 12th, 2016 on Estate Planning - Texas
More details to this question:
My grandmother had land under lease with oil and gas lease but passed away with no will. Land was not on probate but passed to next heir which was is under an old lease.
1 ANSWER
2 Awards
When someone dies, their property will pass either by a will, or by the intestacy laws. Contractual rights under a lease are considered property.
Answered on Nov 02nd, 2016 at 5:36 PM