Listed below are some of the more common situations resulting
in either change of ownership or change to the owner status.
The column on the right describes the document(s) required
to effect the change. (There may be some differences in the
requirements due to laws in particular jurisdictions.) All
changes must be submitted in writing and mailed to:
Triad Energy Corporation
Attn: Land Department
1616 Voss, Suite 650
Houston, TX 77057
SITUATION
A COPY OF THE FOLLOWING
DOCUMENTATION IS REQUIRED:
Sale of an Interest
Conveyance document filed in the county/parish
in which the property is located.
Ownership Change Due to Divorce
Complete Divorce Decree including
Settlement Agreement or recorded conveyance document, if
applicable.
Trusts/Partnerships:
Ownership by Trusts/Partnerships
Trust or Partnership Agreement and recorded
conveyance document transfering the interest in the property
to the Trust/Partnership.
Distribution from Trusts/Partnerships
Dissolution of Trust or Partnership,
if applicable, and recorded conveyance documents to the beneficiaries.
Changes in Trustee
Instrument appointing successor trustee.
Joint Tenancy and One Dies
Death Certificate for the deceased joint tenant.
Estate Proceedings:
Owner died with a Will (testate)
Probate proceedings conducted in the state where the property
is located:
Death Certificate
Order Admitting Will to Probate
Letters Testamentary
Last Will and Testament
Evidence of payment of debts and taxes
Final Decree of Distribution or
Judgment of Possession
Owner died with a Will (testate)
Probate proceedings conducted in a state other than the state
where the property is located:
All six documents listed directly above;
plus
Documentation of ancillary probate proceedings opened
in all affected states, or Affidavit of Heirship.
Owner died without a Will
(intestate)
(State laws of Descent and Distribution will apply as relevant)
Death Certificate
Letters of Administration
Evidence of payment of debts and taxes
Affidavit of Heirship
Bankruptcies:
Chapter 11
(voluntary)
Plan of Reorganization
Order Confirming the Plan of Reorganization
Chapter 7
(involuntary)
Order Naming Trustee of
Bankruptcy Estate
Recorded conveyance document, if applicable
All payees are required to provide either a SSN or TIN;
otherwise Federal Law requires 31% withholding tax.
All
documents effecting change of ownership must be filed on
record in the county/parish where property is located.
Please
retain your revenue check details for tax purposes and future
reference as copies will not be provided.