This represents the title share in the parcel or condominium unit. If there is only one owner or all owners are joint tenants for the parcel or unit, enter 1/1.

If there are two or more owners who are tenants in common, the fractional shares can be expressed with different denominators as long as all the title shares for that parcel or condominium unit equal 1/1 (e.g., three owners may be 2/3, 1/6 and 1/6). The minimum mineral fraction is 1/20 per commodity per parcel.

Please note the title share may depend on the title being surrendered.

Example: If the surrendered title represents a 1/2 interest in the parcel, and the title is being transferred to Carl and Edie as joint tenants, their new title must have a fraction title share of 1/2.