This form conveys a royalty interest for a specified term of years. If there is production at the end of that term, or the lands are subject to an oil and gas lease, the interest will continue to be owned by the grantee until production ceases.
A royalty deed is a legal document that allows a property owner to give rights to someone else, usually for extracting minerals or resources from their land. It’s like saying, 'You can have a slice of my pie, but I still keep the rest!'
Trusted and secure by over 3 million people of the world’s leading companies