Get Tx Trec 44-2 2014-2025
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The addendum for reservation of oil, gas, and other minerals serves to clarify the rights related to mineral interests in a property transaction. When included in the TX TREC 44-2 contract, it specifies whether these rights are retained or transferred. This addendum is crucial for protecting both buyers and sellers by clearly defining ownership and rights associated with underground resources. Using this addendum can prevent future disputes and ensure a smooth transaction process.
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