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.
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A Royalty Deed is a type of legal document that grants ownership of mineral rights, typically for things like oil and gas, to a buyer in Raleigh. It allows the buyer to benefit from any resources extracted from the land.