College Station Texas Oil, Gas, and Mineral deed from Trust to an Individual - Sale of Interest - Single Trustee

State:
Texas
Control #:
TX-0106-78
Format:
Word; 
Rich Text
Instant download

Description

This form is a Oil, Gas and Mineral Deed reflecting the sale of mineral interest from Trust by a single Trustee to an individual Grantee. Grantor conveys and grants the described property to the Grantee. This deed complies with all state statutory laws.

College Station Texas Oil, Gas, and Mineral Deed from Trust to an Individual A College Station Texas Oil, Gas, and Mineral Deed from Trust to an Individual, specifically the Sale of Interest — Single Trustee, is a legal document that transfers ownership of oil, gas, and mineral rights from a trust to an individual located in College Station, Texas. This type of deed signifies the sale of an interest in these valuable resources, granting the individual the right to explore, produce, and profit from the extraction of oil, gas, and minerals from the designated property. The Oil, Gas, and Mineral Deed from Trust to an Individual is an essential legal instrument in the context of the energy industry and real estate transactions in College Station. The deed outlines the transfer of these rights, including any stipulations or restrictions, from the trust to the single trustee or individual buyer. The trustee acts as the legal representative of the trust, overseeing the management and distribution of the assets, including the oil, gas, and mineral rights. Different types of College Station Texas Oil, Gas, and Mineral Deed from Trust to an Individual — Salinterestedes— - Single Trustee may vary based on the specific terms and conditions outlined in the deed. Some common variations include: 1. Surface Rights: This type of deed solely includes the transfer of ownership for surface rights, allowing the individual to conduct activities such as farming, grazing, or construction on the property but does not grant rights to explore or extract oil, gas, or minerals. 2. Mineral Rights: This deed specifically transfers ownership of mineral rights only, enabling the individual to explore and extract valuable minerals, such as coal, ore, or precious stones, from the property. It excludes any rights associated with oil and gas extraction. 3. Oil and Gas Rights: This type of deed focuses solely on the transfer of oil and gas rights, allowing the individual to explore, produce, and profit from these resources found beneath the designated property. It does not include ownership of mineral rights unrelated to oil and gas. 4. Royalty Interest: In some cases, the deed could apply to the sale of a royalty interest. This means that the individual receives a percentage of the revenue generated from the production and sale of oil, gas, or minerals, without owning the actual rights to explore or extract these resources. It is crucial for both parties involved in the College Station Texas Oil, Gas, and Mineral Deed from Trust to an Individual — Salinterestedes— - Single Trustee to carefully review and understand the terms and conditions before finalizing the transaction. Legal counsel and expert advice are highly recommended ensuring all parties' rights and responsibilities are properly addressed and protected.

College Station Texas Oil, Gas, and Mineral Deed from Trust to an Individual A College Station Texas Oil, Gas, and Mineral Deed from Trust to an Individual, specifically the Sale of Interest — Single Trustee, is a legal document that transfers ownership of oil, gas, and mineral rights from a trust to an individual located in College Station, Texas. This type of deed signifies the sale of an interest in these valuable resources, granting the individual the right to explore, produce, and profit from the extraction of oil, gas, and minerals from the designated property. The Oil, Gas, and Mineral Deed from Trust to an Individual is an essential legal instrument in the context of the energy industry and real estate transactions in College Station. The deed outlines the transfer of these rights, including any stipulations or restrictions, from the trust to the single trustee or individual buyer. The trustee acts as the legal representative of the trust, overseeing the management and distribution of the assets, including the oil, gas, and mineral rights. Different types of College Station Texas Oil, Gas, and Mineral Deed from Trust to an Individual — Salinterestedes— - Single Trustee may vary based on the specific terms and conditions outlined in the deed. Some common variations include: 1. Surface Rights: This type of deed solely includes the transfer of ownership for surface rights, allowing the individual to conduct activities such as farming, grazing, or construction on the property but does not grant rights to explore or extract oil, gas, or minerals. 2. Mineral Rights: This deed specifically transfers ownership of mineral rights only, enabling the individual to explore and extract valuable minerals, such as coal, ore, or precious stones, from the property. It excludes any rights associated with oil and gas extraction. 3. Oil and Gas Rights: This type of deed focuses solely on the transfer of oil and gas rights, allowing the individual to explore, produce, and profit from these resources found beneath the designated property. It does not include ownership of mineral rights unrelated to oil and gas. 4. Royalty Interest: In some cases, the deed could apply to the sale of a royalty interest. This means that the individual receives a percentage of the revenue generated from the production and sale of oil, gas, or minerals, without owning the actual rights to explore or extract these resources. It is crucial for both parties involved in the College Station Texas Oil, Gas, and Mineral Deed from Trust to an Individual — Salinterestedes— - Single Trustee to carefully review and understand the terms and conditions before finalizing the transaction. Legal counsel and expert advice are highly recommended ensuring all parties' rights and responsibilities are properly addressed and protected.

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College Station Texas Oil, Gas, and Mineral deed from Trust to an Individual - Sale of Interest - Single Trustee