Ownership Change

Transfers and Required Documentation

This section provides information about important forms and documents related to changes and transfers in ownership. We hope you can conveniently and efficiently get all of your questions answered here - If not, please contact us and we would be happy to assist you.

Types of Ownership Transfers

In order to honor a request for a change or transfer of ownership, we will need copies of the applicable documents as indicated below.

TRANSFER FROM A TRUST TO A TRUST:

A copy of a Deed, executed by the Trustee(s), which establishes the transfer of ownership from the Trust to the new Trust, along with the Trust Agreements. Deed must be recorded in Los Angeles County, California.

TRANSFER FROM A TRUST TO AN INDIVIDUAL(S):

A copy of a Deed, executed by the Trustee(s), which establishes the transfer of ownership from the Trust to the individual(s), along with the Trust Agreement. Deed must be recorded in Los Angeles County, California.

TRANSFER FROM AN INDIVIDUAL TO A TRUST:

A copy of a Deed which establishes the transfer of ownership from an individual to a Trust. Deed must be recorded in Los Angeles County, California.

TRANSFER FROM AN INDIVIDUAL TO ANOTHER INDIVIDUAL(S):

A copy of a Deed which establishes the transfer of ownership from the current owner to the new individual(s). Deed must be recorded in Los Angeles County, California.

CHANGE OF TRUSTEE OF A TRUST:
If the Trustee is deceased - A copy of the Certificate of Death and a copy of the Trust Agreement. Additional documentation may be required.

If the Trustee is not deceased - A copy of the Trust Agreement and a copy of the documentation required by the Trust Agreement to change the Trustee.

DEATH OF A JOINT TENANT:

A copy of the Certificate of Death and a copy of the Affidavit of Death of Joint Tenant. Affidavit of Death of Joint Tenant must be recorded in Los Angeles County, California.

TRANSFER FROM A DECEASED INDIVIDUAL TO THEIR ESTATE:
A copy of the Letters Testamentary, the Estate’s new Taxpayer Identification Number (if applicable), the Certificate of Death, and any change of mailing address for the Estate.

TRANSFER FROM A DECEASED INDIVIDUAL’S ESTATE TO THEIR BENEFICIARY (IES):

IF THEY RESIDED IN CALIFORNIA:

  • Certificate of Death
  • Letters Testamentary
  • Copy of Probated Last Will & Testament
  • All Final Probate documents issued by courts, filed of record in Los Angeles County, California
  • Contact information for all heirs, including their Tax Identification Numbers

IF THEY RESIDED OUTSIDE OF CALIFORNIA:

  • Certificate of Death
  • Letters Testamentary
  • Copy of Probated Last Will & Testament
  • Authenticated copy of all Ancillary Probate Proceedings, filed of record in Los Angeles County, California.
  • Contact information for all heirs, including their Tax Identification Numbers

Transferring Ownership Interest

There may be other ways to transfer your interest while avoiding the process of probate, such as a Court Order Determining Succession to Property under California Probate Code sec. 13150 (“13150”) or an Affidavit re Real Property of Small Value under California Probate Code sec. 13200 (“13200”), et cetera; however, we do recommend that you seek an attorney to better assist you with all the options available to you. The 13150 and 13200 must be recorded Los Angeles County, California. We do not accept Affidavits re Collection or Transfer of Personal Property under California Probate Code sec. 13100. Additionally, please note that in lieu of a copy of the Trust Agreement, we will accept a Certification of Trust under California Probate Code sec. 18100.5 that has been properly executed by the Trustee, and acknowledged by a notary public.

W-9
Download

Additionally, please complete and return a Form W-9. Please note: Without a completed Form W-9 and accurate tax identification number, we will have to withhold a 28% federal tax from your payments.

Electronic Funds Transfer (EFT) Payments

Please be advised that Warren does not currently offer EFT capability for royalty and/or rental payments via direct deposit.

If you have any questions, please feel free to contact us at 877-587-9494 or by email at ownerrelations@warrenresources.com