This form is a Quitclaim Mineral Deed from an individual Grantor to five individual Grantees. Grantor conveys and quitclaims the described property to Grantees. Grantees take the property as tenants in common or joint tenants with the right of survivorship. This deed complies with all state statutory laws.
A quitclaim mineral deed refers to a legal document that transfers ownership of mineral rights from an individual in Broken Arrow, Oklahoma, to five other individuals. It is important to understand the various types of quitclaim mineral deeds available in Broken Arrow, Oklahoma, based on the specific nature of the transfer. Here are three common types: 1. Broken Arrow Oklahoma Quitclaim Mineral Deed from an Individual to Five Individuals — This type of quitclaim mineral deed involves the transfer of mineral rights from a single individual in Broken Arrow to five different individuals. It is commonly used when multiple parties wish to have a share in the mineral rights. 2. Broken Arrow Oklahoma Joint Tenancy Quitclaim Mineral Deed from an Individual to Five Individuals — This variation of the quitclaim mineral deed establishes joint tenancy among the five individuals. In this case, all parties have equal ownership rights with the ability to transfer their share independently. 3. Broken Arrow Oklahoma Tenants in Common Quitclaim Mineral Deed from an Individual to Five Individuals — This quitclaim mineral deed type grants each of the five individuals an undivided interest in the mineral rights, allowing them to own separate and distinct portions. Each party has the freedom to sell, lease, or transfer their portion to others. When a quitclaim mineral deed is executed in Broken Arrow, Oklahoma, it is crucial to include specific keywords to describe the transfer accurately. These relevant keywords may include "Broken Arrow," "Oklahoma," "Quitclaim Mineral Deed," "individual," "five individuals," "mineral rights," "transfer," "ownership," "legal document," "joint tenancy," "tenants in common," and "share." Using such keywords helps ensure that the description effectively highlights the purpose and nature of the Broken Arrow Oklahoma Quitclaim Mineral Deed from an Individual to Five Individuals.A quitclaim mineral deed refers to a legal document that transfers ownership of mineral rights from an individual in Broken Arrow, Oklahoma, to five other individuals. It is important to understand the various types of quitclaim mineral deeds available in Broken Arrow, Oklahoma, based on the specific nature of the transfer. Here are three common types: 1. Broken Arrow Oklahoma Quitclaim Mineral Deed from an Individual to Five Individuals — This type of quitclaim mineral deed involves the transfer of mineral rights from a single individual in Broken Arrow to five different individuals. It is commonly used when multiple parties wish to have a share in the mineral rights. 2. Broken Arrow Oklahoma Joint Tenancy Quitclaim Mineral Deed from an Individual to Five Individuals — This variation of the quitclaim mineral deed establishes joint tenancy among the five individuals. In this case, all parties have equal ownership rights with the ability to transfer their share independently. 3. Broken Arrow Oklahoma Tenants in Common Quitclaim Mineral Deed from an Individual to Five Individuals — This quitclaim mineral deed type grants each of the five individuals an undivided interest in the mineral rights, allowing them to own separate and distinct portions. Each party has the freedom to sell, lease, or transfer their portion to others. When a quitclaim mineral deed is executed in Broken Arrow, Oklahoma, it is crucial to include specific keywords to describe the transfer accurately. These relevant keywords may include "Broken Arrow," "Oklahoma," "Quitclaim Mineral Deed," "individual," "five individuals," "mineral rights," "transfer," "ownership," "legal document," "joint tenancy," "tenants in common," and "share." Using such keywords helps ensure that the description effectively highlights the purpose and nature of the Broken Arrow Oklahoma Quitclaim Mineral Deed from an Individual to Five Individuals.