Change of Ownership

Please find a list of the most common situations that result in either change of ownership or change to the owner status, and the document(s) required to effect the change (may be some differences in the requirements, due to laws in particular jurisdictions). All changes must be submitted in writing and mailed to:

BKV Corporation
Attn: LAND
1200 17th Street Ste. 2100
Denver, CO 80202
(833) BKV-LAND

All Payees are required to provide a completed and signed Federal Form W-9 (Request for Taxpayer Identification Number and Certification) or the equivalent Form W-9 for non-U.S. persons. Without these forms, Federal Law requires BKV to deduct withholding tax from all payments at the statutory rate.

Please note that this is not an exhaustive list. If you have a unique situation, please contact us at 1-833-BKV-LAND or BKVLAND@bkvoperating.com.

Common Situations

A copy of the following document is required
Ownership Changes Due to Divorce
  • Sale of an Interest
Complete Divorce Decree including Settlement Agreement or recorded conveyance (if appropriate)
  • Conveyance file of record in the county/parish in which the property is located

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 Judgement of Possession
Owner died with a Will (testate)
Probate proceedings conducted in state other than where the property is located		 All documents listed above, plus
  • Documentation of ancillary probate proceedings opened in all affected states, or Affidavit of Heirship (download the form provided on our website)
Owner died without a Will (intestate)
Laws of Descent and Distribution will apply as relevant
  • Death Certificate
  • Letters of Administration
  • Affidavit of Heirship (download the form provided here)
  • Evidence of payments of debts and taxes

Trusts/Partnerships
Ownership by Trusts/Partnerships
  • Trust or Partnership Agreement, recorded document conveying the interest in property to the Trust/Partnership
Distribution from Trusts/Partnerships
  • Dissolution of Trust or Partnership, if applicable, and recorded conveyances to beneficiaries
Change in Trustee
  • Instrument appointing successor trustee
Joint Tenancy and One Dies
  • Death Certification of Joint Tenant

Bankruptcies

Chapter 7
  • Order Naming Trustee of Bankruptcy Estate
Chapter 11
  • Plan of Reorganization
  • Order Confirming the Plan of Reorganization